Get access to our best features
Get access to our best features
Published 2 months ago

Geneva oil trader reaches $661M settlement with US, Swiss authorities over bribery in Ecuador

Summary by Ground News
Geneva-based commodities trading firm Gunvor said Friday that it has reached a $661 million settlement with U.S. and Swiss prosecutors. The Swiss prosecutors said the case involved payouts to that led the state petroleum company Petroecuador to award two oil-related contracts to Gunvor. Gunvor has accepted responsibility for the actions of certain of its former agents and employees.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 64% of the sources are Center
64% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics