Glencore Bribery Charges Over Ex-Staff Hit With Fresh Delays
- SFO delays charging decisions on ex-staff until July 2024
- Glencore paid a £276 million UK fine for Africa bribes
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The UK’s fraud prosecutor delayed its decision to charge ex-Glencore Plc staff over allegations they were involved in widespread corruption at the company to July 2024, leaving as many as 11 former employees in legal limbo for months to come.
The Serious Fraud Office said it had to delay the individual charging decisions over a group of former executives once again as it has received new evidence that it needs to process, according to a written update Tuesday. The fraud cops had initially intended to announce charges in April this year.