- Nigeria
- Switzerland
Swiss Mining Company Bribes Nigerian Officials
Corruption Type
Bribery
The Swiss company Glencore is one of the biggest players in the extractive industry, generating billions in profit each year. It has also been caught up in several multi-million dollar corruption cases, such as bribing Nigerian officials to secure favourable oil contracts. Glencore has recently been facing bribery accusations related to its operations in the Democratic Republic of the Congo (DRC). With the help of a US-sanctioned businessman with connections to Congolese elites, the company is alleged to have secured mining rights at extremely low prices at the expense of the people of the DRC. Glencore is currently being investigated in the US, the UK and Switzerland.
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