Glencore shares fall on news of another probe — this time by the Swiss
Authorities are investigating its alleged failure to put in place measures to prevent graft in DRC dealings
22 June 2020 - 09:49
Glencore’s share price fell the most in three months on Monday on news of yet another investigation into the mining and trading group’s dealings, this time by the office of the attorney-general of Switzerland.
The company, which is headed by SA-born billionaire Ivan Glasenberg, notified the market on Monday that the office had opened a criminal investigation into the group “for failure to have the organisational measures in place to prevent alleged corruption in the Democratic Republic of the Congo”...
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