A former oil trader for a subsidiary of multinational commodity trading and mining company Glencore entered a guilty plea Monday for his role in bribing government officials in Nigeria in exchange for the award of oil cargoes and more favorable delivery terms.

Anthony Stimler, a U.K. citizen and resident, pleaded guilty to violations of the Foreign Corrupt Practices Act (FCPA) and conspiracy to commit money laundering, according to court documents filed in U.S. District Court for the Southern District of New York.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...