Glencore headquarters in Zug/Baar (Switzerland)

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Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) it said on Thursday pays £281m (US$320.1 million) in penalties and costs related to the resolution of the UK Serious Fraud Office bribery investigation.

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) approved for seven cases of bribery following a long-running SFO investigation into bribing government officials for access to oil cargoes across Africa.

Prosecutors focused on the company’s London trading desk and said traders and executives had…

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