Skip to content
October 11, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • US authorities probe firm over Nigeria dealings
  • Business & Economy

US authorities probe firm over Nigeria dealings

Admin July 6, 2018

Glencore

Glencore

The law firm of Kirby McInerney LLP is investigating potential claims against mining giant Glencore plc over possible under-hand dealings in its operations in Nigeria, Venezuela and Congo DR.

The investigation concerns whether Glencore plc (“Glencore” or the “Company”) has violated the federal securities laws and/or engaged in other unlawful business practices.

On July 3, 2018, Glencore disclosed that it received a subpoena from the U.S. Department of Justice (“DOJ”) requesting production documents and other records related to the Company’s compliance with the Foreign Corrupt Practices Act and United States money laundering statutes.

Glencore stated that the subpoena relates to its operations in Nigeria, Venezuela, and the Democratic Republic of Congo. On this news, Glencore shares fell sharply during intraday trading and closed down approximately 9% on July 3, 2018.

“If you purchased or otherwise acquired Glencore securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at telrod@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you”, notice put out to possible testifiers said..

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars, and the firm’s achievements and quality of service have been chronicled in numerous published decisions.

 

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Congo DR Foreign Corrupt Practices Act Glencore Kirby McInerney LLP Nigeria Venezuela.

Post navigation

Previous Our fears for Africa free trade agreement, by MAN
Next Assets Falsification: Supreme Court Clears Saraki

Related Stories

Sugar council seeks $7.1bn investment for sugar self-sufficiency
  • Business & Economy

Sugar council seeks $7.1bn investment for sugar self-sufficiency

October 11, 2026
NBET Begins Settlement of ₦728bn Legacy Debt to Power GenCos, Gas Suppliers
  • Business & Economy

NBET Begins Settlement of ₦728bn Legacy Debt to Power GenCos, Gas Suppliers

October 9, 2026
NDIC pays N1.5 bn to over 10,000 depositors of newly failed MFBs NDIC
  • Business & Economy

NDIC pays N1.5 bn to over 10,000 depositors of newly failed MFBs

October 9, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Sugar council seeks $7.1bn investment for sugar self-sufficiency
  • Business & Economy

Sugar council seeks $7.1bn investment for sugar self-sufficiency

October 11, 2026
Troops Rescue 26 Human Trafficking Victims, Arrest Terrorist Leader in Multi-State Raids
  • National News

Troops Rescue 26 Human Trafficking Victims, Arrest Terrorist Leader in Multi-State Raids

October 11, 2026
Delta 2027: It’s Sheriff Oborevwori, who else? – by Ken Ugbechie
  • Commentaries

Delta 2027: It’s Sheriff Oborevwori, who else? – by Ken Ugbechie

October 11, 2026
83-year-old ex-convict grandma, South African lady, Gebashe, arrested with Colos, Meth shipments
  • Crime and Justice

83-year-old ex-convict grandma, South African lady, Gebashe, arrested with Colos, Meth shipments

October 11, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.