Glencore’s Secret Ties With Kazakh Billionaire Utemuratov
Glencore, the world’s largest commodities trader, passed down a huge portion of its share in a Kazakh private school to a trusted lieutenant of the country’s ex-dictator, Bulat Utemuratov. This secretive deal was hidden from investors and is thought to have been a “Gift” to sweeten the relationship with the influential Utemuratov. Glencore’s history in …
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