Commodities trader Gunvor held criminally liable for acts of corruption
Bern, 17.10.2019 - The Office of the Attorney General of Switzerland (OAG) has ordered the company Gunvor to pay the sum of almost CHF 94 million, including a fine of CHF 4 million. The Geneva commodities trader has been convicted of failing to take all the organisational measures that were reasonable and necessary to prevent its employees and agents from bribing public officials in order to gain access to the petroleum markets in the Republic of Congo and Ivory Coast.