Glencore Must Pay Almost $30 Million to Bribery Victim Crusader Health
- Healthcare provider shut down by Glencore unit, judge says
- Glencore paid about $1.5 billion to settle bribery probes
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Glencore Plc was told to pay almost $30 million in restitution to the founders of a company that provided healthcare related services in the Democratic Republic of the Congo and was forced to shut down as a result of the commodities giant’s global bribery scheme.
US District Judge Lorna G. Schofield in New York on Monday ordered Glencore to pay $29.6 million to the company, Crusader Health, for bribing a public official in the Democratic Republic of the Congo in exchange for dismissing a lawsuit brought by Crusader against a Glencore subsidiary. Crusader had sought more than $50 million.