Trading Houses Fined $1.5B For Bribery
Four major oil trading houses, Glencore, Trafigura, Vitol, and Gunvor, have collectively paid $1.5 billion in fines for bribery between 2010 and 2026. These companies are players in the global oil market, moving half the world's oil through Zug and Geneva.
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Sources · 7 independent
Mastodon
“Glencore, Trafigura, Vitol, Gunvor — four trading houses that move half the world's oil through Zug and Geneva. Combined fines for bribery 2010-2026: $1.5B.”
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