Mike Wainwright found guilty by Swiss court of paying more than €5mn in bribes in first conviction of commodity trader for corruption

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Financial Times

London

Greater London

England

United Kingdom

Trafigura’s former chief operating officer sentenced to 32 months in jail

The commodities giant went on trial in Switzerland over attempts to gain access to Angola's oil market.

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BBC News

Government of the United Kingdom

Former Trafigura executive Mike Wainwright convicted in bribery case

Switzerland’s top criminal court 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

The Independent

Evgeny Lebedev

Swiss criminal court convicts commodities firm Trafigura in Angola bribery case

Switzerland’s top criminal court 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.

Associated Press News

Independent Media

United States

GENEVA (AP) -- 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.

Financial Post

Leon Cooperman

Allianz

Canada

GENEVA (AP) — 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. The federal court in the southern city of Bellinzona gave Trafigura a fine of 3 million Swiss francs (about $3.3 million) over payments totaling nearly $5 million to a foreign public official. The court didn’t impose th…

My Mother Lode

Ex-Trafigura Executive to Appeal Swiss Court Verdict Mike Wainwright, a former executive of Trafigura, will appeal a guilty verdict handed down by a Swiss court in a corruption case.His lawyer, Daniel Kinzer, confirmed the appeal outside the courtroom, assuring reporters that Wainwright and fellow defendants would remain free during the appeal process.The announcement follows a heated trial that has drawn significant attention, illustrating ongo…

Devdiscourse

India

Ex-Trafigura Executive to Appeal Swiss Court Verdict

A federal court in Switzerland has found commodities trader Trafigura guilty of bribery in Angola. The company must pay nearly $150 million in fines and compensation. Former chief operating officer Mike Wainwright was sentenced to 32 months in prison, 20 of which were suspended.

De federale rechtbank in Zwitserland heeft grondstoffenhandelaar Trafigura schuldig bevonden aan omkoping in Angola. Het bedrijf moet bijna 150 miljoen dollar aan boetes en compensatie betalen. Voormalig operationeel topman Mike Wainwright kreeg 32 maanden celstraf, waarvan twintig voorwaardelijk.

Zwitserse rechter: Trafigura schuldig aan omkoping in Angola

rd.nl

Apeldoorn

Gelderland

Netherlands

Swiss judge: Trafigura guilty of bribery in Angola

All the defendants, including the former president of the executive committee of Sonangol Distribuidora (a subsidiary of the National Fuel Society of Angola - Sonangol), Paulo Gouveia Júnior, were sentenced to prison terms.

Todos os arguidos, entre os quais o antigo presidente da comiss�o executiva da Sonangol Distribuidora (filial da Sociedade Nacional de Combust�veis de Angola - Sonangol), Paulo Gouveia J�nior, foram condenados a penas de pris�o.

Empresa suíça e antigo responsável da Sonangol condenados por corrupção

Jornal de Negócios

Cofina

Porto

Porto District

Portugal

Swiss company and former Sonangol official convicted of corruption

The raw materials trader Trafigura must pay a fine of three million Swiss francs.

Trafigura Convicted in Landmark Swiss Corruption Case

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