Court orders Glencore to pay £280m over African bribes for access to oil
Court orders Glencore to pay £280m over African bribes for access to oil
Glencore chairman Kalidas Madhavpeddi arrives at Southwark crown court (Picture: PA Wire)
Mining giant Glencore must pay more than £280million for bribing African officials for access to oil in a landmark corporate conviction.
The company handed £23million through agents and employees to officials at crude oil firms in Nigeria, Cameroon and Ivory Coast between 2011 and 2016. Cash was often flown…