UK charges’s Glencore’s billionaire ex-Head of Oil over bribing NNPCL, FG officials

GLENCORE GLENCORE INTERNATIONAL AG, ROHSTOFFHAENDLER, ROHSTOFFHANDEL,

A billionaire former head of oil at Glencore Plc, Alex Beard, has been charged with corruption by the UK’s top fraud agency, alongside four other ex-employees from the commodities trader. Beard, 56, who was one of Glencore’s top executives for more than a decade before his departure in 2019, is the highest profile individual to be charged in a sweeping series of investigations into corruption and market manipulation at the company – and one of the most senior commodity traders ever to be charged with wrongdoing. The UK’s Serious Fraud…

Read More