Former Glencore Oil Executive Faces Corruption Charges

Alex Beard and four ex-colleagues accused of bribery in West Africa during their tenure at the commodity giant

The UK's Serious Fraud Office has charged five former Glencore executives, including Alex Beard, with conspiracy to make corrupt payments.
The charges relate to bribery in Nigeria, Cameroon, and Ivory Coast between 2007 and 2014.
Beard, who retired in 2019 and amassed a fortune from Glencore's 2011 IPO, faces two counts of conspiracy to make corrupt payments.
Other accused executives include Andrew Gibson, Paul Hopkirk, Ramon Labiaga, and Martin Wakefield, who face similar charges.
Glencore previously pleaded guilty to corruption and market manipulation in the US and UK, paying over $1.5 billion in settlements.