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The senior senior operational officials of Trafigura were sentenced to 32 months in prison for a foreign official, which represents the first time
Mike Winreret, who held the position of Executive Officer from 2008 to last year, was convicted by a Swiss court on Friday to pay more than 5 million euros in Rashawi to secure oil trading contracts in Angola between 2009 and 2011. Part of the 32 -month sentence was done His comment, where Winaret ordered at least 12 service.
Trafigure It was condemned that enough systems were not in place to prevent bribery and ordered to pay more than $ 148 million of fines and compensation. This is the first time that a company in Switzerland has been convicted of bribery.
The condemnation will be involved as a historical note by activists anti -corruption, who have long called on the Swiss courts to check the activities of many commodity dealers in the country. Trafigura was registered in Singapore, but its CEO and most of its higher administration are sitting in Geneva.
The decision represents another setback for Trafigura, which was trying to move from the allegations of last corrupt dealing. Last year, he admitted that he was guilty in the United States to pay nearly $ 20 million of “corrupt commissions” in Brazil.
The company said it was “disappointed” from the Swiss decision. “Trafigura has invested significant resources in strengthening the compliance program for several years,” she said. “This includes the implementation of compulsory training for all employees, which constantly enhances compliance policies, procedures and controls.”
During the trial, General Prosecutors described Winriat as the “plan of the plan” and accused the British executive authority of “using methods worth an experienced criminal” to hide his activities.
Payments were made on third parties to Angol government official in exchange oil Prosecutors claimed that BUNKERAGE and shipping contracts worth more than $ 140 million in profits. The Angolan official and a third person were condemned, as well.
Trafigura was founded in 1993 when the French trader Claude Dofin and four other executives of Mark Rich, the godfather of the trade industry that the American authorities wanted at the time due to tax evasion and the violation of Iran's sanctions.
Angola was essential for the growth of Trafigura during the Dauphin era, who died in 2015. For years, Trafigura took control of the country's petroleum products supplies, which led to the profits of a bumper that supports the company's transformation from a trading merchant into a global commodity giant.
Wainwright joined Trafigura in 1996 and was one of the elderly people for nearly two decades.
Winrayet's lawyer said his client would appeal the ruling. He said: “The court found that Mr. Weinret is guilty based on general assumptions and ignored the main evidence that he did not participate in any bribery scheme.” “Mr. Wainwright confirms that he had never done, or helped pay the payments with a corrupt intent.”
Under the Swiss law, the convictions continue to benefit from the assumption of the patent until any appeal is completed. Wainwright will only be required to be sentenced if his planned appeal fails to cancel the sentence.
Trafgura did not mention whether the decision would appeal, noting only that it was “reviewing the matter.”
