BELLINZONA, Switzerland, (Reuters) – Switzerland’s top criminal court convicted trading house Trafigura and a former senior executive of corruption yesterday in an unprecedented case over ...

Trafigura and its former chief operating officer were convicted by a Swiss court on bribery charges, the first time a senior executive at a major commodity trading house has been found guilty of ...

Prosecutors alleged that Trafigura and others paid bribes of over $5 million via a network of intermediaries to the Angolan official to win oil deals from 2009 to 2011. Trafigura lawyer Jean ...

Switzerland's highest court has convicted the commodities trading giant Trafigura and one of its senior executives of bribery over payments made by the firm to gain access to Angola's lucrative ...

Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based ...

Oil and commodities trading powerhouse Trafigura Group and three other defendants went on trial on Monday in Switzerland's top criminal court over allegations of bribery. According to Reuters ...

LONDON (Reuters) -Swiss trading house Trafigura is trying to track down $500 million in Mongolia following a year-long probe of staff and associates over a billion-dollar fraud scheme at its local ...

Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches from US crude oil export ...

Trafigura is facing potential losses of up to $1.1 billion due to alleged fraud by employees tied to overdue debts in Mongolia. This new scandal comes as Trafigura’s profits have dropped 73% ...

LONDON – Trafigura Group is preparing to take a US$1.1 billion (S$1.46 billion) hit after discovering what it suspects was fraud involving employees in its Mongolian oil business. The loss ...

(Bloomberg) — A couple of months ago, the man in line to be Trafigura’s next chief executive officer, Richard Holtum, gathered the commodity trader’s staff in Singapore. His message was a simple one, ...