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Vol 63 No 13

Published 23rd June 2022

Gaps in Glencore's guilty plea

By pleading guilty in Britain and the United States to grand corruption and paying out some US$1.5 billion in penalties, commodity giant Glencore has been trying to draw a line under its history of lucrative dealings with criminal intermediaries. It has admitted to corruption in many resource-rich countries, including Nigeria, Equatorial Guinea and Congo-Kinshasa, but within strictly defined time limits and on specific projects.

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