Business Maverick: Glencore must pay almost $30m to bribery victim Crusader Health

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Glencore Plc was told to pay almost $30-million in restitution to the founders of a company that provided healthcare-related services in the Democratic Republic of the Congo and was forced to shut down as a result of the commodities giant’s global ...

US District Judge Lorna G. Schofield in New York on Monday ordered Glencore to pay $29.6-million to the company, Crusader Health, for bribing a public official in the Democratic Republic of the Congo in exchange for dismissing a lawsuit brought by Crusader against a Glencore subsidiary. Crusader had sought more than $50-million.

Crusader Health, founded by Ian and Laurethe Hagen, operated in 11 African countries and provided healthcare services including health and travel insurance, pharmaceuticals and building and operating hospitals. The company had contracts to provide medical care to two different mining companies in the Democratic Republican of the Congo in 2009, which were later taken over by an indirect subsidiary of Glencore.

Crusader’s contracts were terminated and the company sued the Glencore subsidiary. But Glencore paid $500,000 to a public official to have the case dismissed, and Crusader shut down in 2012, Schofield said in the ruling.

 

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It seems as if its only in South Africa where they operated above board. Thanx to their former Chair🤣🤣🤣

Glencore is corrupt and suck SA dry

But in South Africa they are scott free

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