Miner hit with largest ever UK legal penalty for a company over 'endemic' corruption at African oil trading desk The mining and commodities giant Glencore will be forced to pay £281m in fines, confiscated profits and costs as punishment for "sustained criminality", the largest ever penalty imposed on a company in a UK court. A judge at Southwark crown court in London on Thursday said offences by a UK subsidiary of Glencore showed high culpability for the "highly corrosive" offence.
London court forces Glencore to pay record £281m for bribery in Africa
The Guardian - 3 Nov 2022 15:18
Miner hit with largest ever UK legal penalty for a company over 'endemic' corruption at African oil trading desk The mining and commodities giant Glencore will be forced to pay £281m in fines, confiscated profits and costs as punishment for "sustained criminality", the largest ever penalty imposed on a company in a UK court. A judge at Southwark crown court in London on Thursday said offences by a UK subsidiary of Glencore showed high culpability for the "highly corrosive" offence.
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