Industry
Commodity trading
2 organizations and 7 assessed claims in commodity trading.
Organizations
- Gunvor SASwitzerland. 3 claims, 2 cases.
- Trafigura Group Pte. Ltd.Singapore. 4 claims, 3 cases.
Claims
- Supported3
- Partly supported2
- Unresolved1
- Opinion1
- Partly supported68A January 2025 Bloomberg report carried by swissinfo said Trafigura was convicted of bribery by a Swiss court over payments to an Angolan official.
- Supported87The US Department of Justice said in March 2024 that Trafigura pleaded guilty to conspiracy to violate the FCPA over bribes to Brazilian officials and would pay over US$126 million.
- Opinion52Gunvor's chairman said in March 2024 that the company upholds an industry-leading compliance programme and that corruption has no place in the company.
- Supported94The 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.
- Unresolved50Trafigura says on its Probo Koala page that neither deaths, nor miscarriages or serious illnesses could have been caused by the slops dumped in Abidjan in 2006.
- Partly supported73Trafigura describes its July 2010 Dutch fine of EUR 1 million as a ruling on a technical breach of the provisions for exporting waste from the European Union.
- Supported87The Office of the Attorney General of Switzerland said in October 2019 that Gunvor was held criminally liable over bribery of public officials in the Republic of Congo and Ivory Coast and must pay almost CHF 94 million.