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 ...
A spokesperson for Trafigura said it was “disappointed” with the verdict and was “reviewing the matter,” without indicating whether the firm planned to appeal. With headquarters in ...
A spokesperson for Trafigura said it was “disappointed” with the verdict and was “reviewing the matter,” without indicating whether the firm planned to appeal. With headquarters in Singapore, ...
Mike Wainwright, Trafigura’s ex-COO, was sentenced to 32 months in jail, of which 20 months are suspended, the Federal Criminal Court ruled on Friday in Bellinzona, Switzerland.
It ordered Trafigura to pay a fine of 3 million Swiss francs ($3.3 million) and $145.6 million in compensation, and sentenced Trafigura's former Chief Operating Officer Mike Wainwright to 32 ...