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GLEN Glencore Plc

443.35
1.40 (0.32%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Glencore Plc LSE:GLEN London Ordinary Share JE00B4T3BW64 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 0.32% 443.35 443.85 444.00 446.20 442.05 443.35 17,065,697 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmetallic Mineral Pds, Nec 217.83B 4.28B 0.3522 12.61 53.71B

Glencore Reaches Agreement With Democratic Republic of Congo Over Past Conduct

05/12/2022 7:30am

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By Ian Walker

 

Glencore PLC said Monday that it has reached an agreement with the Democratic Republic of Congo over alleged acts of corruption between 2007 and 2018, and will pay $180 million.

The FTSE 100-listed commodity mining and trading company said the agreement covers all present and future claims including those that have been under investigation by the U.S. Justice Department and the DRC's National Financial Intelligence Unit and Ministry of Justice.

"Glencore has actively promoted its ethics and compliance program in the DRC in recent years and looks forward to continuing to work with the DRC authorities and other stakeholders to facilitate good governance and ethical business practices in the country," Chairman Kalidas Madhavpeddi said.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

December 05, 2022 02:15 ET (07:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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