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Former Vitol oil trader convicted of Ecuador, Mexico corruption charges

Summary by Ground News
Javier Aguilar found guilty of three counts of foreign bribery, foreign bribery conspiracy, and money laundering conspiracy. He faces up to 30 years in prison, but would likely get a lesser punishment. Vitol in December 2020 admitted to bribing officials in Brazil, Mexico and Ecuador and agreed to pay $164 million to resolve U.S. and Brazilian probes.

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The Straits Times broke the news in Singapore on Friday, February 23, 2024.
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