Ex-Glencore Oil Boss Denies Bribery

Former Glencore oil executives Alex Beard and Andrew Gibson pleaded not guilty in London to bribery charges involving operations in west Africa. The defendants face a trial scheduled for October 2027 alongside four other former traders.

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Glencore's former head of oil Alex Beard leaves the Southwark Crown Court, where he appeared on bribery charges, in London, Britain, October 9, 2024. REUTERS/Toby Melville/File Photo

Glencore's former head of oil Alex Beard pleaded not guilty to two bribery charges in the United Kingdom on Thursday afternoon, setting the stage for an October 2027 trial. The charges relate to alleged corrupt payments made across west Africa between 2007 and 2014. The proceedings mark a major legal milestone for the Swiss commodity trading giant.

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