Swiss federal prosecutors have found oil trading firm Gunvor Group criminally liable for corruption in Congo Republic and Ivory Coast, ordering it to pay almost 94 million Swiss francs ($94.8 million), the Swiss Attorney General’s Office said on Thursday. The settlement includes a fine of 4 million Swiss francs, out of a maximum of 5 million, as well as gross profits plus interest the company gained from its oil deals in the two west African countries in 2009-2011 worth hundreds of millions of dollars. “The Geneva commodities trader has been convicted of failing to take all the organizational measures that were ... (full story)