SFO confirms investigation into suspected bribery at Glencore group of companies
5 December, 2019 | News Releases
Following the announcement by Glencore PLC, the SFO confirms it is investigating suspicions of bribery in the conduct of business by the Glencore group of companies, its officials, employees, agents and associated persons.
As this is a live investigation we cannot comment further.
Serious Fraud Office
The world’s largest commodities trader is under investigation on bribery allegations | Markets Insider
Glencore, the world’s largest commodities trader, announced on Thursday that the UK’s Serious Fraud Office had opened a bribery investigation into the company.
The company said in a statement that it planned to cooperate with the investigation, but a representative declined to provide any further comment.
The Serious Fraud Office confirmed the investigation in a statement, saying it was looking into “suspicions of bribery in the conduct of business by the Glencore group of companies, its officials, employees, agents and associated persons.”
Shares of Glencore fell as much as 7% on the news.