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Glencore Chronic Application Form

Glencore Chronic Application Form

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Good afternoon. I'm joined today by Assistant Attorney General for the Criminal division Kenneth Politte. The U. S attorney for the Southern District of New York. Damian Williams, the U. S attorney for the District of Connecticut, Vanessa Roberts, Avery, FBI associate deputy director, Brian Turner. Chairman of the CFTC, Russ Benham and deputy chief of the U. S. Postal Inspection Service, Craig Goldberg. Today The Justice Department is announcing charges in two separate districts and in two separate criminal cases involving Glencore. One of the world's largest mining and commodity training companies. The company has agreed to plead guilty in each case. In connection with the first plea, Glencore has agreed to pay approximately $700 million in penalties for its decade long scheme to bribe foreign officials in seven different countries. The second plea involves Glencore's U. S commodities Trading arm Glencore LTD. Which engaged in a scheme to manipulate fuel oil prices at two of the busie

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