(Reuters) - Commodities trader and miner Glencore (LON:GLEN) Plc said a subsidiary had received a U.S. Department of Justice subpoena requesting documents and records on compliance with the Foreign Corrupt Practices Act and U.S. money-laundering statutes.

Shares in Glencore, a major exporter of Nigerian and Venezuelan crude, fell more than 10 percent in early London trade. The company was the top loser on the British bluechip index.

The documents requested from subsidiary Glencore Ltd relate to the group's business in Nigeria, the Democratic Republic of Congo (DRC) and Venezuela from 2007 to present, Glencore said, adding it was reviewing the subpoena.

The U.S. Foreign Corrupt Practices Act makes it a crime for companies to bribe overseas officials to win business.

Glencore is also one of the world's largest producers of cobalt, primarily from the DRC.

The company paid $308.1 million (234.67 million pounds) to the DRC in 2017, according to Glencore's report https:// on payments to governments.


Glencore also paid $94.3 million to Nigeria for crude oil purchased from state-owned companies, according to the report.