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Glencore to pay a fine after pleaded guilty to bribery , price manipulation 

SABC News
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Mining and commodities giant, Glencore, will pay more than $1 billion after it pleaded guilty to a web of bribery and price manipulation charges. The company admitted to bribing officials in several countries to manipulate prices.
SABC News speaks to Political Economist, Prof. Patrick Bond.
For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.

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10 сен 2024

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Комментарии : 109   
@SydneyD28-6
@SydneyD28-6 2 года назад
Zondo MUST be recalled from that position of Chief Justice. How did he miss such a Gigantic crime, especially when he had such an ample time at his commission...?
@mkdempisi
@mkdempisi 2 года назад
You talking about that deployee?
@mfundombava9359
@mfundombava9359 2 года назад
Ramaphosa the main man in all of this story especially in Eskom,he has really let the South African down
@dianasekatane6045
@dianasekatane6045 2 года назад
There's nobody to trust, South Africans are on their own.
@muziwesley5250
@muziwesley5250 2 года назад
And his friend chairman of the eskom board Mr Debengwa
@samaj6670
@samaj6670 2 года назад
@@muziwesley5250 Sale a country 2 his corporates masters
@mfundombava9359
@mfundombava9359 2 года назад
Zondo has really shown than he is on Ramaphosa's side,how can he not invistigates this Glencore matter when Brian Molefe clearly asked him not to sweep this under the carpet,yet he did.he is doesn't derseve Chief Justice Position
@natalieruss599
@natalieruss599 2 года назад
I am from England where i work as a journalist until i met Expert Mrs AVA. Mrs AVA is legit and her method works like magic. I keep earning every single week with her new strategy.
@kevinbrian9332
@kevinbrian9332 2 года назад
WHEN YOU INVEST, YOU'RE BUYING A DAY YOU DON'T HAVE TO WORK..
@victoryjackson6965
@victoryjackson6965 2 года назад
@@kevinbrian9332 Assets that can make you rich; Bitcoin Stock's Real estate ETH Nfts Dogecoin
@marann1065
@marann1065 2 года назад
@Martinz Ahijo It's not ignorance but due to some unprofessional broker in the market
@mayam3376
@mayam3376 2 года назад
Same here, I wish i knew about this Bitcoin trading earlier, i advise you brace-up and get yourself some coin before it's too late
@Vivian-vp9ft
@Vivian-vp9ft 2 года назад
@brain field Obviously trading in Bitcoin is very volatile and risky to trade that's the reason most traders trade with a company.
@pt6862
@pt6862 2 года назад
The name ZUMA and GUPTA was not mentioned when Glencore was raised that is why Zondo ignored it because the Commission was not for State Capture but was for Zuma and Gupta Investigations. Its sad now the whole process is being exposed for those limitations.
@sjaymabaso9391
@sjaymabaso9391 2 года назад
Zondo completely ignored Brian when he raised this matter he decided to twerk to become a Chief Justice
@setumomahakoe7791
@setumomahakoe7791 2 года назад
Follow that in detail , brother and highlight it again.
@sthembisomncube9139
@sthembisomncube9139 2 года назад
This is a BIG EXPOSURE
@setumomahakoe7791
@setumomahakoe7791 2 года назад
NPA must act , NGO must take over and take over the barton from the politician . The bag is rotten- ANC.
@not.likely
@not.likely 2 года назад
...also only the tip of the iceberg
@setumomahakoe7791
@setumomahakoe7791 2 года назад
@@not.likely I heard former workers awaiting for undisclosed amount still outstanding , left behind as share portion to be distributed to them , as they were dismissed years ago. Now i understand that this WILL NEVER BEEN UTILIZED BY ANY LAW FIRM . as this is a huge elephant to handle. ney ?
@ArthurMeyerdirect
@ArthurMeyerdirect 2 года назад
The bomb is busy bursting around state capture accomplice cyril .
@nkanyezishange6372
@nkanyezishange6372 2 года назад
The bigger picture we as citizens of South Africa have to realise that our whole bureaucratic and political system has been compromised like any other system in the world can be. We are busy holding on in belief that our democratic system is the best and that it will get us out of this situation. I personally believe we need to relook at our democratic system, the way we appoint our leaders National to Local government, furthermore business ethics and the big 5 audit companies as well. Otherwise we basically kidding ourselves that anything will be done if the rules are still the same as the Wolves (Big business & Politics) have mastered it. Anyways let me get back to work I have vented enough🙃
@pt6862
@pt6862 2 года назад
Climate sanctions? Addiction to coal? But when Zuma started pushing Nuclear Energy the same voices mobilized against him saying Zuma and ANC had ambitions of weaponizing Nuclear ☢️ development.
@_torgeek9108
@_torgeek9108 2 года назад
Lol, I like this chap. He's not bias and he's a straight talker. We need Zondo to explain himself on why he decided not to pursue Brian Molefe's version as well because we can all see now that there's some truth to what he was saying in relation to Glencore paddling with political heavyweights to get evergreen contracts in state owned entities around the world.
@deborahramaphala9056
@deborahramaphala9056 2 года назад
They need to tell us who took the money
@aykay9328
@aykay9328 2 года назад
Rubbish what is 1$ billion? Rubbish, 100$ billion atleast
@musawenkosimakhoba9028
@musawenkosimakhoba9028 2 года назад
Is it not legally unjust for Zondo to be so blatantly biased? Can he not also be open to legal scrutiny for malpractice and face jail time if guilty?
@setumomahakoe7791
@setumomahakoe7791 2 года назад
Blacks Prof. must wake up and take the barton from politician .
@marblemaselo2540
@marblemaselo2540 2 года назад
Cyril Ramaphosa is not a leader i now believe
@setumomahakoe7791
@setumomahakoe7791 2 года назад
Moeletsi Mbeki is putting the petrol on the fire rather rhan coming up with SOLUTION. Did they not VOTE for ANC and ultimately couldnt cleanup their house that spilled out to the public??? That isnt are problem that the bag is rotten.
@Macedonia270
@Macedonia270 2 года назад
No one in the ANC has a conscience... In Africa stealing/corruption is NOT a crime....getting caught AND being prosecuted (if you cannot get the witnesses killed) is the crime....
@setumomahakoe7791
@setumomahakoe7791 2 года назад
Glencore - SA , will have to watch the case properly , for RSA sake . Private Agency must be deploy and media as well. THERE IS TOO MUCH UNDER THE CARPET...
@indalomusic6458
@indalomusic6458 2 года назад
President Zuma once said "Those who are calling for this commission are the ones who will regret the most"
@not.likely
@not.likely 2 года назад
Said by a man who has no intention of assisting the SA economy to get back on it's feet again by continually refusing to testify at his corruption trial He could at least expose the others who are party to this State Capture etc., so that a strong precedent can be set against corruption in this country and put it to an end
@JOBEEHUSTLER
@JOBEEHUSTLER 2 года назад
Senzo Meyiwa case.... Now this issue..... THE COUNTRY IS FIXING ITSELF.
@namkebanyanklariti
@namkebanyanklariti 2 года назад
This french official is lying. The eff is not blaming France for all the problems in its former colonies. Specific oppression points were highlighted. Poor official response. They will not leave quietly this peaceful round. The only thing France understands is an Haiti response. Former colonial countries in Africa need to reach out to Haiti, the Maroons in Jamaica, and the Winnie Mandela sect of the ANC. France will not just walk away because you nicely and peacefully asked them to leave.
@somebodysson2534
@somebodysson2534 2 года назад
Just glad this Glencore saga has opened eyes to Ramaphosa sympathisers. If anything, he is worse than Zuma because he has very powerful bodyguards
@maingopher
@maingopher 2 года назад
All I want to know who gets the fine money?
@zukilegonya3770
@zukilegonya3770 2 года назад
Well spoken by the Prof.
@davisdesigns1153
@davisdesigns1153 2 года назад
$1.5 Billion? Tis but a scratch
@Gardens011
@Gardens011 Год назад
Read in quest to understand Glencore’s case and I found so much interesting news. I wonder how Ramaphosa says to himself when he reflect on his tenure as SA leader
@boiledfrogs8198
@boiledfrogs8198 2 года назад
Where is the money going?????? Into ANC PENSION FUND NO DOUBT
@dienar3717
@dienar3717 2 года назад
Unless the penalty is bigger than the benefit received, it is of no use.
@DokoloCity
@DokoloCity 2 года назад
Zond did NOTHINGS guys.. He was not fit to run that commission
@nkosinathizuma1132
@nkosinathizuma1132 2 года назад
It's for him to step down no ways
@musawenkosimakhoba9028
@musawenkosimakhoba9028 2 года назад
Who came up with $1b? That's a joke
@youngsankara4169
@youngsankara4169 2 года назад
Do Zuma supporters think because there's other corruption he's innocent? Why are they so desperate to make him out to be the victim? The whole system is corrupt , that doesn't make a victim or a hero. This country is going nowhere as long as we have such thinking.
@sandisonjova8053
@sandisonjova8053 2 года назад
U Zondo makasuswe uyingozi ngokuba kwisikhundla esiphezulu se Judges.
@555558122
@555558122 2 года назад
Who will Glencore pay that 1.5$B to?
@elizefourie7596
@elizefourie7596 2 года назад
Where are the arrests🤔
@aboobongani7727
@aboobongani7727 2 года назад
Even the White's are sick and tired of defending this crook,with lots of scandals...
@thando6251
@thando6251 2 года назад
We are really tired with ANC we need Action SA or PA to take over this country. People must change their votes seriously . Ranaposa sold us long ago.
@dewaldtfourie4241
@dewaldtfourie4241 2 года назад
Yes we going to die
@londamtana5194
@londamtana5194 2 года назад
Wow wow wow
@mkdempisi
@mkdempisi 2 года назад
Corruption
@marblemaselo2540
@marblemaselo2540 2 года назад
Zondo is captured
@bathatheubathathe4115
@bathatheubathathe4115 2 года назад
You will remember Zuma
@vuyanimaster2212
@vuyanimaster2212 2 года назад
Prez Ramaphosa,please "step aside"
@qwabethemba3757
@qwabethemba3757 2 года назад
That white man is joke
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