Less than four weeks after South Sudan became an independent country in 2011, a delegation of Glencore traders arrived by private jet to prospect for oil. They carried $800,000 (US$1.2 million) in cash to pay bribes.

The revelation was one of several detailed in a London courtroom this week showing how decades after Glencore founder Marc Rich created the popular image of commodity traders criss-crossing the globe to take bribes in exchange for to distribute lucrative contracts, …



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