November 3, 2022 |
Glencore Energy UK Ltd will pay £280,965,092.95 million (over US$400 million) after an SFO investigation found it paid US$29 million in bribes to gain preferential access to oil in Africa .
At Southwark Crown Court today, Mr Justice Fraser reflected this in his judgment “The facts show not only significant crime but also ingenious methods to cover it up‘ before slapping the commodities trading giant with a fine…