One of the largest mining companies in the world, Glencore Ltd. has received a subpoena from the U.S. Department of Justice relating to an investigation into corruption and money laundering. The company received the subpoena on July 2 to produce documents and other records with respect to compliance with the Foreign Corrupt Practices Act and U.S. money laundering statutes. The documents relate to the group’s business in Nigeria, the Democratic Republic of Congo and Venezuela from 2007 to today.
Glencore said it is reviewing the subpoena and will provide further information in due course.
