GENEVA — 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. With headquarters in Singapore, Trafigura is one of the world's most prominent commodities trading firms. It operates in sectors like oil and petroleum, metals and mining, and gas and power, with more than 12, employees. By clicking Sign up, you agree to our privacy policy.
The court also convicted three people — a former high-level Trafigura employee, a former official with Angolan state oil company Sonangol, and an ex-Trafigura employee who had acted as an intermediary — for their roles in the scheme. The heaviest sentence included 14 months behind bars. The verdict is not final and the defendants can appeal.
They are entitled to a presumption of innocence up until a final decision is made. Updated 32 minutes ago Dept. Casual restaurants closing Lawsuit over Nassau 'armed citizens' Fitness Fix: Brickhouse Cardio.
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