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What will be the outcome of Trafigura's bribery trial in Switzerland by end of 2024?
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Official court verdict published by Swiss judiciary
Story
Trafigura on Trial for Alleged Bribes to Angolan Official
Dec 2, 2024, 05:25 AM
A historic trial commenced in Switzerland on Monday, marking a significant event for the global commodity trading industry. Trafigura, a major player in the sector, along with its former chief operating officer and three other defendants, including a former board member, are accused of corruption. The charges stem from alleged payments of bribes to an Angolan oil official to secure oil deals. This case is seen as a test of the industry's ethical practices, with Trafigura defending its anti-corruption controls as adequate.
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