The past weeks have seen a large anti bribery and corruption fine in commodities as well as the announcement of a new investigation.

Gunvor Group were fined almost 94 million Swiss Francs by for bribery and corruption failures relating to activity in Congo Republic and Ivory Coast. The fine was  levied in Switzerland and is reported here on the Reuters web site. The fine includes an amount that is levied for failure in anti-bribery and corruption measures.

Yesterday it was publicised that Glencore Plc are being investigated by the UK’s Serious Fraud Office . The SFO notice is here, with an article on the topic on the City AM web site here. There are suggestions in the article and others that the investigations relate to  dealings in the Democratic Republic of Congo (DRC) but this is not contained in the official announcement. It was previously reported that the SFO were investigating Glencore in relation to DRC dealings, for example here on the Bloomberg web site.