The cited record supports the material proposition.
Glencore Energy UK Ltd was convicted in England of bribery offences and ordered to pay about GBP 281 million.
- About
- Glencore plc
- Claim made by
- Courts and Tribunals Judiciary, court filing
- Published
- 3 November 2022
- Original
- Sentencing Remarks Glencore
- Evidence score
- 93 How it was scored
- Last reviewed
- 25 October 2026
Why this label
The sentencing remarks of Mr Justice Fraser record that Glencore Energy UK pleaded guilty to all seven counts on 21 June 2022S2. Five counts are bribery under section 1 of the Bribery Act 2010 and two are failure to prevent bribery. The court imposed fines of GBP 182,935,392 and a confiscation order of GBP 93,479,338.95, plus prosecution costs of GBP 4,550,362. Together these come to about GBP 281 million. The remarks name Nigeria, Cameroon, Ivory Coast, Equatorial Guinea and South Sudan among the countries involved, with Ghana and Malawi. The US pleas agree on the African conductS1.
Current procedural position
Guilty pleas on 21 June 2022, sentenced at Southwark Crown Court on 3 November 2022S2. No appeal found as of October 2026.
Record supporting the assessment
Glencore pleaded guilty to all seven counts on 21 June 2022
Fines on each of the seven counts as set out at [68] totalling £182,935,392.
A confiscation order of £93,479,338.95.
Conflicting or limiting record
No record located that conflicts with this assessment.
Evidence score: 93 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.
| Component | Points | Max | Reason |
|---|---|---|---|
| Source authorityIs the source competent to establish the proposition? | 30 | 30 | The sentencing judge's own remarks are the primary court record. |
| DirectnessDoes the source state the proposition or only discuss adjacent facts? | 19 | 20 | The remarks state the pleas and the orders. |
| CorroborationDo independent records support the same material point? | 11 | 15 | The DOJ release describes linked conduct in the same countries. |
| Procedural accuracyDoes the record settle the procedural state the claim describes? | 15 | 15 | Conviction and sentence are recorded with no appeal found. |
| CurrencyHas the record been checked against later developments? | 8 | 10 | We found no later record changing the sentence. |
| ReproducibilityCan a reader locate the passage and repeat the assessment? | 10 | 10 | The remarks are published by the judiciary. |
| Total | 93 | 100 |
Timeline
Related cases
- Serious Fraud Office v Glencore Energy UK LtdSouthwark Crown Court. Criminal. Not published.Stage: Sentenced
Revision history
- Assessment first published with label Supported.
Have a record that changes this assessment? See corrections and responses.
Sources
- 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
- 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
Other claims about Glencore plc
- Supported91The US Department of Justice said in May 2022 that Glencore entities pleaded guilty to bribery and market manipulation schemes and agreed to pay over US$1.1 billion.Regulator statement, 24 May 20223 records citedBribery
- Partly supported82Public Eye said in August 2024 that Glencore was convicted following corrupt mine deals in the DRC and must pay a penalty of US$152 million.Press report, 22 August 20245 records citedBribery
- Supported75Glencore said in August 2024 that the Swiss and Dutch outcomes resolved the last of its previously disclosed government investigations into historical misconduct.Company statement, 5 August 20242 records citedCorporate status