SFO charges six former Glencore employees with conspiracy to make corrupt payments
The Serious Fraud Office (SFO) has charged six former Glencore employees with conspiring to make corrupt payments to benefit the company's oil operations in West Africa. Martin Wakefield, David Perez, Alex Beard, Andrew Gibson, Paul Hopkirk and Ramon Labiaga have been charged in connection with the awarding of oil contracts in Cameroon, Nigeria and the Ivory Coast between 2007 and 2014. Gibson, Wakefield and Perez also face charges relating to falsifying documents submitted for accounting purposes to Glencore's London office, where payments were recorded as service fees to a Nigerian oil consultancy. At an arraignment hearing on 10 November 2025 at Southwark Crown Court, four of the defendants pleaded not guilty to all charges. The trial is scheduled to begin on 4 October 2027.