Ex-Glencore Trader Pleads Guilty in Nigeria Oil-Bribe Scheme

  • Anthony Stimler accused of bribing officials to get favors
  • It’s the latest setback for Glencore, already under DOJ probe

Photographer: Gianluca Colla/Bloomberg

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A former U.K-based oil trader at Glencore Plc pleaded guilty in the U.S. to participating in an international scheme to bribe officials in Nigeria to win favorable treatment from the state-owned oil company.