Glencore Energy UK: Asset Recovery Incentivisation Scheme

Home Office written question – answered at on 17 May 2024.

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Photo of Ben Bradshaw Ben Bradshaw Labour, Exeter

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.

Photo of Thomas Tugendhat Thomas Tugendhat Minister of State (Home Office) (Security)

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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