Glencore

Tuesday, 3rd July 2018 11:36 - by Rajan Dhall

Glencore shares are in freefall this morning as the US department of justice hands the company a subpoena in relation to money laundering. The company has been has been asked to hand over records to the US DoJ so they can look into activities in Nigeria, the Democratic Republic of Congo and Venezuela dating ranging as far back as 2007.

Looking at the chart you can see there was a significant fall, at one stage the company was suspending from trading.

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