United States v. Gunvor S.A.

Decisions and steps

1. 1 March 2024Guilty plea and sentence to US$374,560,071 penalty and US$287,138,444 forfeiture^S2S3

Claims this case bears on

• Supported94
  The US Department of Justice said in March 2024 that Gunvor S.A. pleaded guilty to an FCPA conspiracy over bribes to Ecuadorian officials and would pay over US$661 million.
  Regulator statement, 1 March 20244 records citedBribery
• Opinion52
  Gunvor's chairman said in March 2024 that the company upholds an industry-leading compliance programme and that corruption has no place in the company.
  Company statement, 4 March 20243 records citedBribery

Sources

1. S2Tier A Gunvor S.A. Pleads Guilty to Scheme to Bribe Ecuadorian Officials and Ordered to Pay Over $600 Million in Criminal PenaltiesUS Attorney's Office, Eastern District of New York. Regulator press release. 1 March 2024.Supports the plea, the sentence, the docket number and the factors in sentencing. It is not the plea agreement itself.Link working, checked 25 October 2026
2. S3Tier A Commodities Trading Company Will Pay Over $661M to Resolve Foreign Bribery CaseUS Department of Justice, Office of Public Affairs. Regulator press release. 1 March 2024.Supports the amounts, the Swiss parallel payment and the 2019 admission on controls. It does not detail the Swiss 2024 order.Link working, checked 25 October 2026
3. S5Tier A Plea AgreementUS Department of Justice (filed in the US District Court for the Eastern District of New York). Plea agreement. 1 March 2024.The plea agreement and board resolution in Case 1:24-cr-00085-ENV. It records the one-count information under 18 U.S.C. 371 and the penalty and forfeiture amounts.Link working, checked 25 October 2026