All Gunvor articles

  • Oilfield

    DOJ commodities trader FCPA sweep offers lessons in cooperation


    The value the Department of Justice places on cooperation can be measured by studying penalties and agreements resulting from the agency’s long-running investigation into bribery and corruption by oil traders operating in Latin America and Africa.

  • Oil barrels
    News Brief

    Gunvor to pay $661M to settle FCPA violations in Ecuador


    Swiss-based oil trader Gunvor will pay more than $661 million as part of a plea agreement with the Department of Justice to resolve violations of the Foreign Corrupt Practices Act involving a long-running scheme to bribe officials in Ecuador to secure oil contracts.