By Oliver Griffin
Glencore PLC (GLEN.LN) said Tuesday that its subsidiary, Glencore Ltd., has been subpoenaed by the U.S. Department of Justice to produce documents and other records regarding anticorruption and money-laundering laws.
The Anglo-Swiss commodities trader said the subpoena relates to its compliance of the U.S. Foreign Corrupt Practices Act and money-laundering statutes.
The requested documents concern Glencore's business in Nigeria, the Congo and Venezuela from 2007 to present, the company said.
Glencore said it is reviewing the subpoena and will provide updates in due course.
Write to Oliver Griffin at [email protected]