Glencore’s billionaire ex-oil head charged with corruption

Quick Summary:

Alex Beard is one of the most senior commodity traders ever to be charged with wrongdoing.

After leaving Glencore he started an investment company, Adaptogen Capital, to invest in large-scale batteries connected to the UK grid.

Until his departure from Glencore in 2019, Beard was part of the inner circle of former chief executive Ivan Glasenberg.

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Article Details

Category: EconomyBusiness

Markets: SingaporeBrazilCameroonIvory CoastNigerNigeriaSudan

Topics: Charged Glencore’s 2007 Corruption Glencore Beard Company Payments Head Fraud London

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 10:20:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 685 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21892388

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