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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

London court forces Glencore to pay record £281m for bribery in Africa

The Glencore chairman, Kalidas Madhavpeddi, arrives at Southwark crown court in London
The Glencore chairman, Kalidas Madhavpeddi, arrives at Southwark crown court in London Photograph: James Manning/PA

The mining and commodities giant Glencore will be forced to pay £281m in fines, confiscated profits and costs as punishment for “sustained criminality”, the largest ever payment imposed on a company in a UK court.

A judge at Southwark crown court in London on Thursday said offences by a UK subsidiary of Glencore showed high culpability for the “highly corrosive” offence of bribery.

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