U.K. Fraud Office Plans Glencore Probe Over Congo Business -Bloomberg

May 18, 2018 / www.4-traders.com / Article Link

--Glencore PLC may face a formal bribery investigation in the U.K. over its dealings in the Congo, Bloomberg reports, citing unnamed sources.

--The U.K.'s Serious Fraud Office is planning to seek formal approval for a probe into Glencore's dealings in the Congo, including its work with Israeli billionaire Dan Gertler, says Bloomberg.

--Glencore shares fell over 8% following the report. Glencore declined to comment to Dow Jones Newswires. The SFO wasn't immediately available for comment.

Full story: https://bloom.bg/2k6FXjZ

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