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DOJ ends energy giant Glencore’s monitorship early

hipping containers are left stacked in the Port of Los Angeles.
Photo: David McNew/Getty Images

DOJ attorneys in court documents said they were using their “sole discretion” under a plea agreement with Glencore to “terminate the monitorship early.”

The Department of Justice (DOJ) is no longer requiring independent monitoring of the global mining and energy trading behemoth Glencore, suddenly ending the monitorship terms of two different attorneys. This is a requirement included in a billion-dollar Foreign Corrupt Practices Act (FCPA) and market manipulation settlement.

DOJ attorneys stated in