Glencore Kazakhstan

After the US Department of Justice subpoenaed Glencore in July 2018 as part of a corruption investigation, my employer's fund commissioned some research to look at how bad the problem was.

The report we received showed that Glencore's corruption problems are far worse than we, or the market, knew.

My employer has buried this report but I believe the public, the markets and investors need to know what Glencore has been doing.

An anonymized version of the report is posted below.

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