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Radio France Internationale

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Swiss mining giant Glencore to pay $180 million to DRC over graft claims

Glencore DRC Corruption Democratic Republic of Congo

The headquarters of Swiss commodity trading giant Glencore in Baar, central Switzerland. © AFP/Fabrice Coffrini

Glencore said Monday it has agreed to pay $180 million (€170 million) to the Democratic Republic of Congo to cover corruption allegations, the latest payment in a series of graft cases it has faced worldwide.

The company said the settlement with the Democratic Republic of Congo (DRC) covers "all present and future claims arising from any alleged acts of corruption" by the Glencore Group between 2007 and 2018.

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