Switzerland’s Office of the Attorney General (OAG) has filed an indictment referring Trafigura’s parent company and three individuals to the Federal Criminal Court.
A former Angolan public official is charged with having accepted bribes to the tune of EUR4.3 million (CHF4 million) and $604,000 (CHF528,077) from the Trafigura Group, in relation to its activities in the petroleum industry in Angola between April 2009 and October 2011.
In addition, a former intermediary and a former senior executive of the Trafigura are charged with being involved in this corruption scheme. Finally, Trafigura Beheer BV (TBBV), the parent company is charged with failing to take all reasonable and necessary organisational measures to prevent the payment of these bribes. For the first time, the Federal Criminal Court is called upon to judge the criminal liability of a company for bribery of foreign public officials. ...