Editor compliance, Congo, culture of compliance, Mining, public sector corruption

A Reverse Goldmine: Glencore’s Troubled Congo Relationship Partners Yield Swiss Fines for Mining Giant

By Stephany Torres Swiss prosecutors have concluded a four-year investigation into the mining giant Glencore, resulting in a CHF 2 million (USD 2.3 million) fine and a USD 150 million compensation bill for the company. Notably, this Swiss enforcement action stems from a bribery scandal in the Democratic Republic of Congo (DRC), dating back to … Continue reading A Reverse Goldmine: Glencore’s Troubled Congo Relationship Partners Yield Swiss Fines for Mining Giant

Editor cooperation / coordination, culture of compliance, double standard, ECONafrica, event / seminar / conference, money laundering, quote of the day, UK, West Africa

Slow Crawl On Corruption

A long walk to freedom need not mean a slow crawl on combating corrupt government BY PETER O’BRIEN* The recent (May 12) London Summit on Anti-Corruption resulted in another small step in the right direction. About 40 countries were represented, along with a number of international sports associations and similar bodies that have come under … Continue reading Slow Crawl On Corruption