NGOs accuse Glencore of tax irregularities in Zambia

Five NGOs have filed a complaint with the OECD against Glencore, the world’s largest commodities trader, one month before it is due to embark on a mammoth initial public offering.

16th April, 2011
NGOs accuse Glencore of tax irregularities in Zambia
{ }

Five NGOs have filed a complaint with the OECD against Glencore, the world’s largest commodities trader, one month before it is due to embark on a mammoth initial public offering.

The group has alleged that a Zambian mine the firm controls may be evading tax in that country in a manner inconsistent with OECD guidelines for multinational companies.

The allegations stem from a leaked auditor’s report by Grant Thornton and Econ Poyry, which...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago