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Glencore pleaded guilty to corruption in the U.S. and Brazil and agreed to pay US$1.06 billion

RIO DE JANEIRO, BRAZIL - On Tuesday, May 24, the Swiss group Glencore announced that it reached agreements with the authorities in the United Kingdom, the United States, and Brazil, pleading guilty to corruption and market manipulation.

The company, dedicated to the exploitation and commercialization of raw materials and food, plans to pay US$1.02 billion to the United States and US$40 million to Brazil, while the amount of penalties to . . .

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