NIGERIA PENALISES GLENCORE USD50 MILLION FOR GRAFT BUT DETAILS SCARCE
June 22nd, 2024
Anti-graft campaigners, including Britain’s Spotlight on Corruption, are calling (1) on Nigeria’s federal government to publish its USD50 million 'penalty and compensation' anti-corruption settlement with mining major Glencore International. Nigerian financial news publisher Nairametrics reported (2) that Attorney General, Prince Lateef Fagbemi announced at a Ministerial Sectoral Updates briefing for reporters in Nigeria’s capital Abuja on May 24 that the government had on April 25 concluded negotiations with the Switzerland-based mining company. That has ...
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