Mining firm Glencore pleads guilty to UK bribery charges

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One of the world’s biggest mining firms, Glencore, has again pleaded guilty to a series of corruption offences. …

The bribery charges stated that the firm’s aim was for officials to “perform their functions improperly, or reward them for so doing, by unduly favouring Glencore Energy UK Limited in the allocation of crude oil cargoes, the dates crude oil would be lifted and the grades of crude oil allocated”.

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