Swiss authorities probe Gunvor’s gabonese oil deal amidst corruption concerns
Commodities trading giant Gunvor is once again under criminal investigation in Switzerland, this time focusing on a substantial oil contract valued at approximately one billion dollars with Gabon. The ongoing proceedings, led by the Swiss Public Prosecutor's Office (MPC), scrutinize the conditions under which this agreement for lifting Gabonese crude was awarded, as well as its intricate financial structure. Geneva continues to be a pivotal global hub for hydrocarbon trading, and several of its prominent players have recently been entangled in various African corruption cases.
A case reigniting scrutiny over gabonese crude sales
The contract currently under examination by Swiss investigators involves Gabonese oil shipments amounting to nearly a billion dollars, based on publicly available ...











