Long-running SFO investigation charges Alex Beard and four other executives with conspiring to make corrupt paymentsThe UK’s Serious Fraud Office has charged Glencore’s billionaire former head of oil trading with conspiring to make corrupt payments to benefit the commodities giant’s oil operations in West Africa.Alex Beard, who ran Glencore’s oil division between 2007 and his retirement in 2019, will face charges alongside former Glencore executives Andrew Gibson, Paul Hopkirk, Ramon Labiaga and Martin Wakefield after a long-running investigation into allegations of bribery at the company. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/01/billionaire-former-glencore-oil-trader-charged-with-corruption-in-west-africa
Author : Jillian Ambrose
Publish date : 2024-08-01 17:06:36
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Billionaire former Glencore oil trader charged with corruption in West Africa
