July 4 2018
U.S. authorities have demanded Glencore (GLEN.L) hand over documents about its business in the Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption probe, sending the mining company’s shares down more than 8 percent.
Swiss-based Glencore said it received a subpoena from the U.S. Department of Justice dated July 2 requesting documents and records on compliance with the U.S. Foreign Corrupt Practices Act and money-laundering statutes.