, Glencore, a multinational mining and commodity company, pleaded guilty to long-standing charges of systematic bribery, corruption and market manipulation to authorities in the United States, Brazil and Britain.
The US public statement highlights that much of the bribery and corruption took place in Africa. But little to no intervention has been initiated by the several African governments to investigate these matters in their respective countries. African Energy Chamber Where sufficient evidence is given, criminal prosecution should follow — that is how executive teams involved should be held accountable.
. These are established primarily to improve and promote transparency in the extractives industries and to prevent revenues being diverted for unproductive purposes and not being properly accounted for. as one of the EITI-supporting companies. Part of this support includes companies advancing transparency and good governance in the industry, promoting the expectations for EITI-supporting companies and by contributing financially to the international management of the EITI process.