TradeWinds · 2d
Swiss court convicts Trafigura and former executive in shipping bribery case
A Swiss court has convicted trading giant Trafigura and its former operating chief Mike Wainwright on bribery charges linked to shipping deals in Angola. Wainwright, the former chief operating officer, was sentenced to 32 months in jail by a court in Bellinzona, Switzerland, with 20 months suspended.
devdiscourse · 3d
Unprecedented Corruption Verdict: Trafigura Executive Jailed
Switzerland's highest court convicted trading house Trafigura and its former COO, Mike Wainwright, over a $5 million bribery scheme to secure Angolan oil contracts. Trafigura was fined $3.3 million, and Wainwright received a 32-month sentence,
BBC · 3d
Ex-Trafigura boss convicted of bribery in landmark case
In a landmark case, the court handed the company's British former chief operating officer Mike Wainwright, who has also competed as a racing driver, a 32-month jail sentence and fined the company $148m (£119m). This is the first time an entire company has been charged by Switzerland's highest court, and bribery convictions of senior staff are rare.
devdiscourse · 3d
Swiss Court Finds Trafigura Guilty of Corruption in Landmark Oil Deal Case
Switzerland's top criminal court has convicted Trafigura and former executive Mike Wainwright of corruption through bribes for Angolan oil contracts. The firm must pay $148 million in fines, with Wainwright sentenced to 32 months in prison.
SFGate · 2d
Swiss criminal court convicts commodities firm Trafigura in Angola bribery case
Switzerland's top criminal court on Friday convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola.
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