Glencore pleads definitively guilty to corruption. The Swiss giant had until Tuesday, June 21 to confirm its decision, which was made at the end of May. It is now done.

A British subsidiary of the trading giant has officially pleaded guilty to seven counts of corruption in connection with oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria and South Sudan.

The declaration came before Southwark Crown Court in London: more than $28 million in bribes were allegedly paid by Glencore Energy to gain preferential access to oil and generate illicit profits between 2011 and 2016. According to the British Serious Fraud Office (SFO), the company will be sentenced on November 2 and 3.