International
Glencore to Pay Millions Over Oil Bribes
UNITED KINGDOM – A United Kingdom court has ordered mining giant Glencore to pay more than £275 million for bribing officials in African countries to get access to oil.
UNITED KINGDOM – A United Kingdom court has ordered mining giant Glencore to pay more than £275 million for bribing officials in African countries to get access to oil.
Between 2011 and 2016 the company paid £23 million to crude oil firms in Nigeria, Cameroon and the Ivory Coast.
Prosecutors said the U.K. energy company got employees and agents to use private jets to transfer the money to pay bribes.
Glencore pleaded guilty to the corruption offense in June. Along with five bribery charges, the company admitted to failing to prevent agents from using bribes to secure oil contracts in equatorial Guinea and south Sudan.
British Legion Bahamas Chair: Count It A Joy; I Want The Legacy to Continue
Prince Catches First Touchdown of the Season
Central Bank Governor: U.S. Elections Could Impact Local Economy
Florida Candidate Leaning on Strong Bahamian Heritage
Man Drops Appeal Against Sentence for Loaded Gun
Today In History: November 4
Beauty Beyond Feelings: Birthing Set Time Event Seeks To Empower Women
Supt. Deno Josey: We Need To Pray for the Nation; We Are Losing Our Young Men
Man Drops Appeal Against Sentence for Loaded Gun
North Abaco Resident Decries Overgrown Bush Issue
Bahamas Represented at Renaissance Junior Cup
NIB Chairman: We’re not Cash Strapped, We Just Have Sustainability Challenges
British Legion Bahamas Chair: Count It A Joy; I Want The Legacy to Continue
Prince Catches First Touchdown of the Season
Central Bank Governor: U.S. Elections Could Impact Local Economy
Florida Candidate Leaning on Strong Bahamian Heritage
Today In History: November 4
“I Have To Go Back To Sleeping In Cars with My Kids”
-
Lifestyle2 days agoBeauty Beyond Feelings: Birthing Set Time Event Seeks To Empower Women
-
Crime1 day agoSupt. Deno Josey: We Need To Pray for the Nation; We Are Losing Our Young Men
-
Court5 hours agoMan Drops Appeal Against Sentence for Loaded Gun
-
National2 days agoNorth Abaco Resident Decries Overgrown Bush Issue
-
Sports2 days agoBahamas Represented at Renaissance Junior Cup
-
National2 days agoNIB Chairman: We’re not Cash Strapped, We Just Have Sustainability Challenges
-
Crime2 days agoNational Security Minister: One Homicide Is Too Much
-
National6 hours ago“I Have To Go Back To Sleeping In Cars with My Kids”