Ex-Gunvor Manager Convicted of Bribery to Win African Oil Deals
A former manager at Gunvor Group was found guilty by a Swiss court of bribing public officials to secure oil contracts in Africa.
G., an ex-trade finance executive at the firm who can't be named under Swiss reporting restrictions, was handed a two-year suspended sentence, the Federal Criminal Court said in a statement on Thursday. G. was also ordered to pay compensation to the state of $950,000.
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