Trafigura Agrees to Pay Brazil $49 Million Over Bribery Scandal
Trafigura Group agreed to pay Brazil's government $49 million after last year admitting to paying bribes to win business in the nation.
The payment will be made through its former Dutch holding company, Trafigura Beheer BV, and closes investigations by Brazil's authorities into the commodity trading powerhouse, the company said in a statement Monday.
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