Glencore Energy UK: Asset Recovery Incentivisation Scheme

(asked on 8th May 2024) - View Source

Question to the Home Office:

To ask the Secretary of State for the Home Department, how much and what proportion of receipts recovered from Glencore Energy UK Ltd through the asset recovery incentivisation scheme following its conviction for bribery in November 2022 accrued to his Department.


Answered by
Tom Tugendhat Portrait
Tom Tugendhat
Shadow Minister (Home Office) (Security)
This question was answered on 17th May 2024

Glencore Energy UK Ltd were ordered to pay £280,965,092.95. This included a confiscation order of £93,479,338.95, fines totalling £182,935,392, and payment of the SFO’s prosecution costs of £4,550,362.

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