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Glencore hit by yet another investigation

The diversified mining and trading company is now the subject of a Swiss probe into alleged corruption in the Democratic Republic of Congo
June 22, 2020

Glencore (GLEN) announced after market close on Friday that it is facing a criminal investigation from Swiss Attorney General regarding a “failure to have the organizational measures in place to prevent alleged corruption in the Democratic Republic of Congo (DRC)”. This is the miner’s fourth regulatory probe in less than two years.

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