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Switzerland Charges Trafigura and a Former Top Executive With Bribery
7Dec By adminNo Comments
Money

Switzerland Charges Trafigura and a Former Top Executive With Bribery

Updated Dec. 6, 2023 3:29 pm ETSwiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the energy trader preferential treatment in African oil producer Angola.Mike Wainwright helped to funnel part of the payments to an Angolan official, Swiss prosecutors said in an indictment at the Federal Criminal Court on Wednesday. These included more than 4.3 million euros, equivalent to $4.6 million, to a bank account in Geneva between 2009 and 2011, and $604,000 in cash payments in Angola. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Switzerland Charges Trafigura and a Former Top Executive With Bribery
6Dec By adminNo Comments
World

Switzerland Charges Trafigura and a Former Top Executive With Bribery

Updated Dec. 6, 2023 1:21 pm ETSwiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the energy trader preferential treatment in African oil producer Angola.Mike Wainwright allegedly helped to funnel the payments to an Angolan official, including some of more than 4.3 million euros, equivalent to $4.6 million, to a bank account in Geneva between 2009 and 2011, the Office of the Attorney General of Switzerland said when it announced the criminal charges on Wednesday. He also approved transactions that led to over $604,000 in cash payments in Angola, prosecutors said in an indictment at the Federal Criminal Court.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb...
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