Article 60KGJ Glencore pleads guilty to bribery related to African oil operations

Glencore pleads guilty to bribery related to African oil operations

by
Julia Kollewe
from World news | The Guardian 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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