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Montevideo, September 27th 2023 - 05:00 UTC

Tag: Vitol SA

  • Monday, December 17th 2018 - 08:49 UTC

    Oil trader Trafigura ex officials face corruption charges in Brazil involving Petrobras

    Last week, Brazilian investigators arrested eight men linked to the larger investigation of the oil traders, opening a new phase of the Car Wash probe

    Brazilian prosecutors on Friday charged two former executives of oil trader Trafigura over allegations of paying at least US$ 1.5 million in bribes to employees of Petrobras. Prosecutors said in a statement that the charges against Mariano Marcondes Ferraz, a former Trafigura top executive, and Marcio Pinto Magalhaes, a country representative, were the first of many to come against the world’s largest oil traders.