Glencore agrees to $1.1 billion penalties in bribery and price-manipulation cases

Deals with US, UK and Brazil cover bunker price case and charges in Brazil’s Operation Car Wash investigation

Reaction: Assistant attorney general Kenneth Polite (second from left) said penalties against Glencore show that ‘crime does not pay’. — Reaction: Assistant attorney general Kenneth Polite (second from left) said penalties against Glencore show that ‘crime does not pay’.Photo: AP/SCANPIX

Eric Priante Martin

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Published 25 May 2022, 17:33Updated 25 May 2022, 17:35