“Relationships” in Congo – Corruption allegations against Glencore

Glencore, the world’s largest commodity corporation, is suspected of corruption in the Democratic Republic of the Congo and is expected to be sued on that basis. A Glencore subsidiary is said to have paid $ 6 million annually since 2013 to a company in the Democratic Republic of the Congo, on a quid pro quo basis.   ... →

Switzerland prohibits financing cluster munition

On the second day of the Meeting of States Parties, Switzerland declared to ratify the Oslo-Convention on cluster munitions. It includes a ban on direct and indirect financing of internationally baned weaponry. According to the Federal Council of Switzeland, direct financing includes credits, loans and grants while indirect financing rather refers to holding shares of corporations which develop, produce or purchase condemned weapons.   ... →