Swiss commodities giant Glencore is being investigated by the British Serious Fraud Office (SFO), it emerged on Thursday. The company would give no further details, but it already faces questions about its dealings in several countries.
This content was published on
1 minute
swissinfo.ch/mga
The SFO said it “confirms it is investigating suspicions of bribery in the conduct of business by the Glencore group of companies, its officials, employees, agents and associated persons,” but would add no other detail.
The commodities trader has come under increasing pressure over suspicions of engaging in questionable business practices. Last year, it was subpoenaed by the United States Department of Justice (DoJ) in relation to its activities in Nigeria, the Democratic Republic of Congo (DRC) and Venezuela.
This followed a criminal complaint submitted in Switzerland by the NGO Public Eye against the company’s activities in DRC, including suspect links with billionaire Israeli businessman Dan Gertler.
Swiss price watchdog slams excessive prices for generic medicines
This content was published on
The cheapest generic medicines available in Switzerland are more than twice as expensive as in other countries, according to a study by the Swiss price watchdog.
Nature should not figure in net zero calculations: academic study
This content was published on
The natural removal of CO2 from the atmosphere by forests or oceans should not be included in the net-zero balance of climate protection measures, argue researchers.
This content was published on
None of the 15 major Swiss retail banks is meeting international climate and biodiversity targets, according to a ranking by WWF Switzerland.
This content was published on
Nestlé's new CEO Laurent Freixe, has presented plans for the future of the world's largest food company, after his first few weeks in office.
Swiss foreign minister calls on Moscow to end Ukraine war
This content was published on
It's high time Moscow ended its war against Ukraine, Swiss foreign minister Ignazio Cassis tells the UN Security Council.
This content was published on
The only alternative to the UN Palestinian agency’s work in Gaza is to allow Israel to run services there, Philippe Lazzarini, UNRWA Commissioner-General, told reporters in Geneva on Monday.
Study reveals food culture differences between Switzerland and neighbours
This content was published on
Three-quarters of Swiss people consider eating to be a pleasurable, social activity, a new survey reveals. Healthy eating, however, plays a much less important role, it found.
This content was published on
Swiss commodity giant Glencore is often under fire for its human rights record. Glencore’s sustainability chief explains its due diligence approach.
Swiss commodities trader under scrutiny over South Sudan payments
This content was published on
In December 2018, the United States placed retired Israeli Defence Forces Major General Israel Ziv under sanctions over the sales of weapons and ammunition to the government and opposition in South Sudan. “Ziv has been paid through the oil industry and has had close collaboration with a major multi-national oil firm,” the U.S. Department of Treasury noted in its decision,…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.