Press release | Dec. 5, 2019

Global Witness welcomes SFO investigation into Glencore

5th December 2019, London - Commenting on announcement by the UK Serious Fraud Office (SFO) that is is it is "investigating suspicions of bribery in the conduct of business by the Glencore group of companies, its officials, employees, agents and associated persons" Peter Jones, Campaign Leader at Global Witness, said:

"Global Witness welcomes today’s news that the UK’s Serious Fraud Office (SFO) is formally investigating London-listed Glencore for possible bribery. It is encouraging to see the SFO pursuing companies for possible violations of UK anti-corruption laws, and is an important step in ensuring the integrity of UK corporate governance."

"Global Witness has spent almost a decade investigating Glencore’s business deals in Democratic Republic of Congo, exposing suspect transactions involving sanctioned businessman Dan Gertler. We have repeatedly called for the SFO to investigate Glencore’s DRC deals and, if wrongdoing is found, to hold the company and its management to account."



You might also like

  • Extended Report

    Finding the Missing Millions

    A handbook for using extractive companies’ revenue disclosures to hold governments and industry to account
    Data handbook cover shot
  • Blog post

    What price will Glencore pay for its murky deals in DR Congo?

    Mining giant Glencore settled two legal disputes threatening its assets in Democratic Republic of Congo, but these agreements raise fears that the company is willing to take significant risks and pay any price to safeguard its lucrative copper and cobalt mines.
    glencore logo
  • Blog post

    A bad year for Glencore

    The US Department of Justice has issued a subpoena to commodities giant Glencore's subsidiary Glencore Limited, relating to US overseas corruption laws. This is the latest storm in what has been a tempestuous year for Glencore. we outline the main stories over the last 12 months that have helped make this Glencore's ‘annus horribilis’
    US department of justice sign