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Glencore shares slump as UK prosecutor launches investigation

The UK's serious fraud office confirmed Thursday it has launched an investigation into alleged bribery at Glencore. Fears of a potential multi-billion dollar fine have further rattled investors already uneasy about an ongoing investigation by the DoJ in the United States.

Glencore shares slump as UK prosecutor launches investigation Glencore shares slump as UK prosecutor launches investigation Glencore shares slump as UK prosecutor launches investigation Glencore shares slump as UK prosecutor launches investigation Glencore shares slump as UK prosecutor launches investigation

Glencore is under investigation for alleged bribery of public officials

The SFO did not reveal any details of the investigation, but it is likely to focus on Glencore's operations in the DRC.