Daniel S. Kahn, Acting Chief, Fraud Section, Criminal Division
Deborah L. Connor, Chief, Money Laundering and Asset Recovery Section, Criminal Division
Ilan T. Graff, Deputy U.S. Attorney
Michael McGinnis, Assistant United States Attorney
US Assisting Agencies: Unknown
Foreign Enforcement Action/Investigation: Unknown
Foreign Assisting Agencies: Unknown
Origin of the Proceeding:
Unknown
Whistleblower:
Unknown
Case Status:
Ongoing
Summary
Glencore plc was a commodity trading and mining company headquartered in Switzerland with operations and subsidiaries in various locations around the world, including the United States, United Kingdom, Africa, and South America. Among Glencore's subsidiaries were two wholly-owned subsidiaries located in London, which served as Glencore’s head offices for oil and gas trading. Glencore UK Ltd. was a direct subsidiary of Glencore and the direct owner of Glencore Energy UK Ltd.
Anthony Stimler, a United Kingdom citizen and resident, was a trader at Glencore Energy UK Ltd. Stimler worked on the West Africa desk from 2002 until 2009 and then again from June 2011 until August 2019. In that role, he had responsibility for crude oil purchases from, among other places, Nigeria, and acted on behalf of Glencore in procuring crude oil from Nigeria. Though Glencore was not explicitly mentioned in the documents, independent research by the Clearinghouse confirmed that Stimler was a Glencore employee during the relevant period.
According to the documents in this case, between about 2007 and 2018, Stimler conspired with others to pay, and in fact paid, millions of dollars in bribes through intermediaries to foreign officials in multiple countries, including Nigeria, on behalf of Glencore. The allegations state that in exchange for the bribes, Nigerian officials caused the Nigerian state-owned oil company to award oil contracts and to provide more lucrative grades of oil on more favorable delivery terms to Glencore, its two unnamed subsidiaries, and their business partners. Stimler allegedly transmitted the bribes by wire transfer from Switzerland to and through the United States, and from the United States to Nigeria and other countries.
On July 26, 2021, the DOJ filed a two count Information in the Southern District of New York against Stimler alleging conspiracies to violate the anti-bribery provisions of the FCPA and to commit money laundering. Stimler pled guilty on the same date. However, there does not appear to be a plea agreement filed in the docket. He is scheduled to be sentenced on July 29, 2024.
This case is ongoing.
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