Glencore employees moved bribes cash by private jet, London court told. mining
to seven bribery offences. Glencore, a Swiss-based multinational, said in May it expected to pay up to $1.5 billion in relation to allegations of bribery and market manipulation in the United States, Brazil and Britain.
Another unidentified employee also requested the withdrawal of $800,000 in cash from Glencore International AG’s cash desk in Switzerland before flying by private jet with a colleague to South Sudan, Healey said. Glencore has also admitted two charges of failing to prevent bribery over payments of approximately $1 million to agents in Equatorial Guinea and South Sudan, a portion of which Healey said was used to pay bribes to secure “valuable oil contracts”.
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