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Glencore pleads guilty to bribery, commodity price manipulation schemes in US court

( May 24, 2022, 22:08 GMT | Official Statement) -- MLex Summary: Glencore International AG and Glencore Ltd., both part of a multi-national commodity trading and mining firm headquartered in Switzerland, each pleaded guilty today and agreed to pay over $1.1 billion to resolve the government’s investigations into violations of the Foreign Corrupt Practices Act and a commodity price manipulation scheme. These guilty pleas are part of coordinated resolutions with criminal and civil authorities in the US, UK and Brazil.Statement follows:...

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