Glencore to Pay $1.5 Billion to Settle Bribery Probe
Interactive Video
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Business, Social Studies
•
University
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
The transcript discusses Glencore's involvement in a bribery scandal spanning Africa and Latin America, where the company paid over $100 million in bribes over a decade. The US government highlighted that bribery was ingrained in Glencore's corporate culture. Despite the scandal, no top executives have faced consequences yet. Glencore claims to have reformed with new compliance measures and a change in personnel.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What changes has Glencore claimed to have made in response to the allegations?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the current status of senior executives in relation to the bribery allegations?
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