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Angola, Trafigura

Swiss criminal court convicts commodities firm Trafigura in Angola bribery case

Switzerland’s top criminal court convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola.

devdiscourse · 2d

Trafigura and Former Executive Convicted of Corruption in Angola

Switzerland's highest criminal court found Trafigura and former executive Mike Wainwright guilty of corruption related to payments for Angolan oil contracts. The court imposed over $148 million in fines on the company and sentenced Wainwright to 32 months,

Hosted on MSN · 1d

Swiss court convicts Trafigura of corruption in Angola

A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in what campaigners hailed Friday as a "historic" first in Switzerland. Switzerland is home to some 900 commodities trading firms,

Reuters on MSN · 2d

Trafigura and former executive found guilty of bribing Angolan official

Switzerland's top criminal court found trading house Trafigura and a former senior executive guilty of corruption on Friday in an unprecedented case over payments made to an Angolan official in exchange for oil contracts.

10d

Will Angola’s mystery debt holdout please stand up?

Almost a decade ago, Mozambique revealed the hidden debts at the heart of the country’s $2bn ‘tuna bond’ saga. This led to ...

Crude Oil Prices2d

Angola’s Oil Sector Making A Comeback After OPEC Exit

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...

Moncks Corner native in Angola builds trade ties with latest SC-built Boeing 787 delivery

A birthday card and a chance glimpse of a recruiting poster put Jimmy Story on track for a career in foreign services. As the U.S. ambassador to Angola, he's helping promote trade between the two ...

Anadolu Ajansi4d

Angola demands exit of 'Rwandan' forces from Congo

Angola’s President Joao Lourenco demanded the immediate withdrawal of Rwandan troops from Congolese territory on Wednesday ...

gulftoday1d

AD Ports Group starts logistics and port operations in Angola

AD Ports Group, began its long-term management and development of a major multipurpose terminal and an associated logistics ...

The East African on MSN3d

Angola records 48 cholera deaths

Angola has so far recorded 48 deaths and 1,216 infections of cholera since the beginning of the outbreak, the Ministry of ...

10d

Angola Says Full Disclosure Made on Debt Under Arbitration

Angola’s government said it’s made full disclosure of all material information related to a loan facility that’s become the subject of an arbitration process, and is confident that its debt is ...