Reported about 6 hours ago
A Swiss court will deliver a verdict on a significant corruption case involving commodities trader Trafigura, accused of bribing an Angolan oil official for favorable oil deals. The trial is notable for being the first instance in Switzerland where a company is prosecuted for corrupting a foreign official at the highest court level, and involves allegations of over $5 million in bribes from 2009 to 2011. Prosecutors are seeking substantial penalties and prison time for a former senior executive, while defendants maintain their innocence.
Source: YAHOO