Trafigura Corruption Trial: Key Testimony from Former Executive

Reported about 17 hours ago

In a significant Swiss corruption trial involving Trafigura Group, former executive Mariano Marcondes Ferraz's pre-recorded testimony has become pivotal, despite his absence in court. Ferraz, who led Trafigura's Angolan oil business, provided crucial evidence during interviews with prosecutors, prompting legal debates over its admissibility. Trafigura insists that without Ferraz's testimony, the case would collapse, while four defendants, including an alleged bribe recipient, deny the accusations against them. The trial highlights ongoing allegations of bribery in Angolan oil dealings from 2009 to 2011.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis