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Claim review. Corporate status

Supported

The cited record supports the material proposition.

Glencore said in August 2024 that the Swiss and Dutch outcomes resolved the last of its previously disclosed government investigations into historical misconduct.

This resolves the last of the previously disclosed government investigations
About
Glencore plc
Claim made by
Glencore, company statement
Published
5 August 2024
Original
Swiss and Dutch investigations resolved
Evidence score
75 How it was scored
Last reviewed
25 October 2026

Why this label

The Swiss OAG release confirms it closed its criminal case against Glencore International AG with a summary penalty order and an abandonment order on 5 August 2024S3. Glencore's statement says the Dutch case was dismissed after the Swiss outcomeS4. The US and UK corporate cases had ended in pleas and sentence in 2022S1S2. We did not read a Dutch prosecutor record, so the Dutch part rests on the company's account. The statement covers investigations of the company. It does not cover cases against former employees, which this record does not assess.

Current procedural position

Swiss case closed on 5 August 2024S3. Dutch case dismissed per Glencore on 5 August 2024S4. US and UK corporate cases concluded in 2022S1S2.

Record supporting the assessment

closes its criminal investigation against Glencore International AG with a summary penalty order and an abandonment order
S3 Tier A Office of the Attorney General of Switzerland, Office of the Attorney General closes its criminal investigation against Glencore International AG with a summary penalty order and an abandonment order, 5 August 2024
the case was dismissed following the resolution of the Swiss investigation
S4 Tier B Glencore, Swiss and Dutch investigations resolved, 5 August 2024

Conflicting or limiting record

No record located that conflicts with this assessment.

Evidence score: 75 of 100

The score grades how well the record establishes this assessment. It is not a score of Glencore plc. Score = source authority + directness + corroboration + procedural accuracy + currency + reproducibility.

ComponentPointsMaxReason
Source authorityIs the source competent to establish the proposition?2230The Swiss part rests on the prosecutor, the Dutch part on the company only.
DirectnessDoes the source state the proposition or only discuss adjacent facts?1620Both records state the closure in direct terms.
CorroborationDo independent records support the same material point?915No independent Dutch record was read.
Procedural accuracyDoes the record settle the procedural state the claim describes?1215The Swiss order is settled and the Dutch dismissal is reported by the company.
CurrencyHas the record been checked against later developments?710We found no record of a new government investigation into the company after August 2024.
ReproducibilityCan a reader locate the passage and repeat the assessment?910Both pages are public.
Total75100

Timeline

  1. US guilty pleasS1
  2. UK sentenceS2
  3. Swiss order and Dutch dismissal announcedS3S4

Related cases

Revision history

  • Assessment first published with label Supported.

Have a record that changes this assessment? See corrections and responses.

Sources

  1. S3Tier A Office of the Attorney General closes its criminal investigation against Glencore International AG with a summary penalty order and an abandonment orderOffice of the Attorney General of Switzerland. Regulator press release. 5 August 2024.Supports the summary penalty order, the fine and the compensation claim. It does not say whether the order can be appealed.Link working, checked 25 October 2026
  2. S4Tier B Swiss and Dutch investigations resolvedGlencore. Company statement. 5 August 2024.Company statement that it will not appeal the Swiss order and that the Dutch case was dismissed. Attributed to Glencore only.Link working, checked 25 October 2026
  3. S1Tier A Glencore Entered Guilty Pleas to Foreign Bribery and Market Manipulation SchemesUS Department of Justice, Office of Public Affairs. Regulator press release. 24 May 2022.Supports the two US guilty pleas, the countries, the amount and the three-year monitors. It does not state the Brazil resolution amount or when the monitorships ended.Link working, checked 25 October 2026
  4. S2Tier A Sentencing Remarks GlencoreCourts and Tribunals Judiciary, Southwark Crown Court. Court judgment. 3 November 2022.Supports the pleas, counts, countries and financial orders. It does not address later cases against individuals.Link working, checked 25 October 2026

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