Trafigura charged in Switzerland over alleged Angolan bribery

Switzerland's federal prosecutor has charged Trafigura, the international commodity trading group, with bribing foreign officials.
In a criminal indictment filed today, Trafigura and its former chief operating officer, Mike Wainwright, were accused by Swiss investigators of arranging about 5 million Euros of bribes to an Angolan government official between 2009 and 2011. 
The prosecutors say the official, who was also charged but was not named in the indictment, authorised eight ship chartering contracts and one bunkering contract that resulted in profits of 143.7 million for Trafigura.
Trafigura has its headquarters in the Netherlands, but conducts a significant part of its trading business through its Geneva subsidiary. 


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