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Ex-Gunvor Oil Trader Claims His Supervisors Knew About Bribes

From bnnbloomberg.ca

A former Gunvor Group Ltd. employee who helped bribe Ecuadorian officials to win oil deals told co-conspirators that certain executives at the Swiss trading company were aware of their activities, according to secret recordings unsealed in U.S. court filings. Raymond Kohut, 68, pleaded guilty in New York on Tuesday, telling a federal judge he worked with two Gunvor supervisors and two consultants to pay bribes to secure business with state-owned Petroecuador from 2012 to August 2020. While no others have been charged publicly, the newly unsealed documents show two unidentified co-conspirators are cooperating with ... (full story)

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