Mining company fined £182 million for bribes scandal

Mining giant Glencore was ordered to pay £281m in fines and costs today (weds) after bosses paid millions in bribes for contracts. Staff flew millions of pounds in cash in private jets to bribe local officials across Africa, Southwark Crown Court heard. The money was part of a £20m slush fund paid out by Glencore Energy UK to make £111m in profits in the company’s oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria, and South Sudan. Glencore, based in…