Glencore pleads guilty to bribery related to African oil operations
by Julia Kollewe from on (#60KGJ)
SFO says subsidiary of commodity trading company will be sentenced in November
A subsidiary of the commodity trader Glencore has pleaded guilty in a London court to seven counts of bribery related to its oil operations in several African countries.
The Serious Fraud Office, which had brought charges against the FTSE 100-listed company after conducting an investigation, said the sentencing hearing would take place on 2 and 3 November.
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