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Corruption: a former Gunvor employee accused

02/10/2024
Source : ORISHAS-FINANCE
Categories: Compliance

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L a trial that opened on Monday before a high-level Swiss court, a former Gunvor employee is accused of bribing senior officials in the Republic of Congo in exchange for contracts tankers.

Two judgments have already been handed down. This is a 2018 court decision accepting the plea of an ex-employee who admitted to paying bribes in Congo and Côte d'Ivoire and another in 2019 that declared the company criminally responsible for corruption. According to court documents, the defendant, who worked as a financial director, took “an active part” in corrupt payments worth more than $35 million to Congolese officials between 2010 and 2011. The indictment also claims that he offered benefits to a Congolese official representing the son of President Denis Sassou Nguesso in a Parisian restaurant in 2014 in exchange

for new oil contracts.
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