Bribery and Corruption

The world’s largest commodity trader has seen its shares slide after the UK’s Serious Fraud Office launched an investigation into suspicions of bribery at the company.

https://www.ig.com/uk/news-and-trade-ideas/glencore-share-price--where-now-after-serious-fraud-office-opens-191209

Patrick Cleere and his wife Rita gave cash and business cards to potential jurors at Blackfriars Crown Court in London, postponing a trial where he was convicted suspected £388,000.

https://www.mirror.co.uk/news/uk-news/rogue-trader-nobbled-jury-handing-21023794?utm_source=twitter.com&utm_medium=social&utm_campaign=sharebar

Global mining giant Glencore is under investigation from the UK Serious Fraud Office.

The Serious Fraud Office (SFO) of the UK has officially launched an investigation into alleged bribery offense by Glencore, the world’s largest commodity trader.

Shares in mining giant Glencore fell more than five per cent today after the company said it was being investigated by the Serious Fraud Office (SFO).

https://www.cityam.com/glencore-shares-tumble-on-serious-fraud-office-bribery-investigation/

Alstom Network UK has been ordered to pay £16.4m for conspiracy to corrupt involving a contract to supply trams to Tunisia

In this blog Nigel Iyer, a Fraud Detective and Fellow of the University of Leicester School of Business, draws on ideas from his new book ‘How to Find Fraud and Corruption – Recipes for the Aspiring Fraud Detective’ discussing how everyone can and should be a fraud detective.

https://staffblogs.le.ac.uk/management/2019/11/05/fraud-and-corruption-blog-ii-building-a-bridge-over-troubled-waters-lets-learn-to-stand-together-against-fraud-and-corruption-by-nigel-iyer/#.XdP06OZZ52o.twitter

LONDON (Reuters) - A London judge has dismissed ENRC’s request for a legal challenge of the UK Serious Fraud Office’s (SFO) six-year investigation into allegations of fraud, bribery and corruption at the mining company.

https://uk.reuters.com/article/uk-britain-enrc-lawsuit/london-court-rejects-enrcs-attempt-to-challenge-uk-fraud-office-idUKKBN1XG2N7

Dozens of UK law firms are – wittingly or unwittingly – providing corrupt individuals with services that enable them to “move, hide and defend their ill-gotten gains with impunity”, Transparency International (TI) has claimed.

https://www.legalfutures.co.uk/latest-news/dozens-of-law-firms-enabling-corruption-report-finds

Nicola Sharp of business crime solicitors Rahman Ravelli explains why such allegations can bring other expensive burdens after a settlement has been reached.