On Tuesday Glencore said it would like to plead guilty to bribery in the UK and is expected to close the long-running corruption scandal in the United States, which, according to those familiar with the matter, is set to launch criminal investigations across its global businesses. Company for many years. The sources said that neither Glencore nor its subsidiary would plead guilty to violating the Foreign Corruption Practices Act.
DoJ told Glencore shareholders that he was facing criminal and civil investigations from the US Commodity Futures Trading Commission, the UK SFO and the Brazilian Federal Prosecutor’s Office. Source:.
