New twist in SA oil scandal - The Mail & Guardian

TRAFIGURA, the trading company embroiled in the South African state oil kickback scandal, has close links with Marc Rich, the alleged fraudster who broke international oil sanctions against ...

Pemex Trading Arm Suspends Business Ties with Trafigura ...

Mexico's state oil company Pemex temporarily suspended new business with Trafigura, which is facing alleged corruption concerning bribes of public officials in various Latin American countries and has been under investigation for years.Pemex joined other state oil companies in their concern over doing business with merchants including Trafigura and Vitol.

Trafigura investigated for alleged corruption, market ...

The papers alleged links between Trafigura and Brasil Trade member Jorge Luz, who became known as the Deacon of Bribes in Brazil and was sentenced in October 2017 to 13 years and eight months for ...

Trafigura's toxic waste scandal and the closure of Akouédo ...

Trafigura's toxic waste scandal and the closure of Akouédo dump, Abidjan, Côte d'Ivoire The 2019 closure of Abidjan's notorious Akouédo dump displaced numerous waste pickers. The site became internationally …

Friends in low places: top oil traders paid middlemen ...

Trafigura has something else in common with its rivals: its seemingly unavoidable courting of scandal. The most well-known episode is the 2006 dumping of more than half a million litres of toxic waste in open-air landfills in Ivory Coast, West Africa.

2006 Ivory Coast toxic waste dump - Wikipedia

The 2006 Ivory Coast toxic waste dump was a health crisis in Ivory Coast in which a ship registered in Panama, the Probo Koala, chartered by the Singaporean-based oil and commodity shipping company Trafigura Beheer BV, offloaded toxic waste to an Ivorian waste handling company which disposed of it at the port of Abidjan.The local contractor, a company called …

Trafigura, the blot that won't go away | eSponsored ...

That allegation has never gone away and now, after a ruling from the Privy Council, that scandal is very much apart of the country's headlines once again. Published April 20, 2021. DPP eager to press ahead with Trafigura …

The Commodity Trader. Even though the trading is ...

In the next year after the scandal, Trafigura gives to the Ivorian government $198 million for cleanup costs and compensation to more than 95,000 victims who said they had fallen ill. This Dauphin ...

Trafigura Scores $3 Billion Profit on Commodities Rebound ...

Text. Trading house Trafigura Group Pte. Ltd. rode rising commodity prices to post record profit, making it a big winner from the pandemic economic rebound. Trafigura reported $3.1 billion in net ...

Privy Council Says PNP Officials Must Testify in Trafigura ...

At the height of the scandal, Campbell resigned as Information Minister. The National Public Prosecutor's Office (NPPO) of the Netherlands later began an investigation into alleged breaches of the Dutch Criminal Code by Trafigura Beheer BV for the potential bribery of public officials of Jamaica.

Factbox: Investigations facing the world's biggest ...

Trafigura AG and Gunvor said they have ended the use of agents to win new business. ... The investigation is an extension of Brazil's vast six-year-long Car Wash scandal.

Financial Times perspective: Trafigura, Zim president's ...

Trafigura, Zimbabwe's 'Queen Bee', and the question of a South African fuel trader By Joseph Cotterill for Financial Times Alphaville OCTOBER 28 2021 Trafigura is backing a South African fuel company that had ties to a US-sanctioned Zimbabwean businessman, more than a year after the global commodity trader officially said it cut links with him, fuel industry …

Trafigura not dead! - Jamaica Observer

The Trafigura scandal caused significant damage to Jamaica's reputation. As the case inched through the courts some, for reasons best known to them, tried, unsuccessfully, to stifle public ...

Trafigura Reviews by 62 Employees | AmbitionBox

AmbitionBox has 62 Trafigura reviews submitted by Trafigura employees. Read reviews on salaries, working hours, work culture, office environment, and more to know if Trafigura is the right company for you. 95% of employees reported ...

Trafigura found guilty of exporting toxic waste - BBC News

This is the first time Trafigura has faced criminal charges since the toxic waste scandal unfolded in Ivory Coast's commercial capital, Abidjan, in 2006. ...

Baystreet.ca - World's Largest Oil Traders Caught In ...

Brazilian prosecutors in 2018 opened a probe into alleged bribery schemes by Vitol, Trafigura, Glencore Plc, and officials at Petrobras. The latest investigation is …

Privy Council Slaps Down PNP in Trafigura Corruption Scandal

The Trafigura Beheer corruption scandal had resulted in the resignation of Colin Campbell as PNP General Secretary and the country's then information Minister. Read 387 times . Tweet. Published in Politics. Super User. Latest from Super User. Details of Ruel Reid's Settlement to be Made Public;

Trafigura: Dumping toxic waste in Ivory Coast – Facing Finance

One of Trafigura´s most infamous controversies involved an environmental scandal in Ivory Coast. In 2006, Trafigura refined large amounts of coker naptha (unrefined gasoline) aboard the freighter Probo Koala producing more than 500m3 of difficult-to-dispose toxic waste. Unable to find a cost efficie

Senior execs of top world oil traders implicated in ...

Trafigura and Vitol, the commodity trading giants, have found themselves embroiled in Brazil's Car Wash scandal, one of the biggest corruption cases of all time. Earlier this month, Brazilian authorities accused both companies, and major trader Glencore, of paying over $15 million in bribes to officials at state oil company Petrobras.

Trafigura, Zimbabwe's 'Queen Bee', and the question of a ...

For many years Tagwirei's group Sakunda was the trader's local business partner through a joint venture, Trafigura Zimbabwe. But Trafigura ended all ties to him in 2019 when it took full ...

Trafigura PastScandals and Corruption Schemes | Qaran News

Trafigura is one of the risk-takercompanies and at the same time they useloopholes, middlemen, third party's and intermediaries;bribes paid through outthird parties. Most of the western countries formed the Bribery Act, the act states that the holding companies is liable for failing to prevent an entity from bribing on their behalf.

Brazilian Car Wash scandal draws in Glencore and Trafigura ...

Wed 5 Dec 2018 12.42 EST. First published on Wed 5 Dec 2018 08.56 EST. Commodity traders Glencore, Vitol and Trafigura are under investigation on suspicion of paying more than $15m (£11.7m) of ...

JAMAICA: Trafigura figures in South Africa bribery scandal ...

JAMAICA: Trafigura figures in South Africa bribery scandal. Trafigura president Claude Dauphin, who in August paid a visit to Prime Minister Portia Simpson Miller at Jamaica House before his company controversially transferred over $31 million to the People's National Party, is a man steeped in the art of expensive gift giving.

Trafigura: A Toxic Journey - Amnesty International

Trafigura tried to get rid of it in Amsterdam by disguising it as less hazardous waste – but it was rejected when the disposal company realised it was more contaminated than they thought. The company asked for €544,000 (then around US$620,000) to dispose of the waste safely. Trafigura rejected this offer because of the 'high cost'.

Oil Trader Trafigura Denies Brazil Prosecutor Bribery ...

Trafigura Group Ltd. denied bribery allegations leveled by Brazilian prosecutors in a civil lawsuit claiming the commodities trader and …

Oil Trader Trafigura Rebuilds Reputation While Making ...

Trafigura, the commodities trader, has been seeking redemption ever since its toxic-waste spill a dozen years ago. From left: the late co-founder, Claude Dauphin; the new team, Mike Wainwright ...

Trafigura found guilty of exporting toxic waste - BBC News

This is the first time Trafigura has faced criminal charges since the toxic waste scandal unfolded in Ivory Coast's commercial capital, Abidjan, in 2006. ... said that further legal action should ...

Rasmala sues Trafigura over alleged fraudulent coal trades ...

Rasmala sues Trafigura over alleged fraudulent coal trades. A trade finance fund owned by Dubai's Rasmala Investment Bank is suing Trafigura over a series of allegedly fraudulent coal trades, accusing staff at the commodity trading giant of overlooking forged documents in order to recover debts. Rasmala Trade Finance Fund says in the lawsuit ...

Home | Trafigura

Trafigura is a leading naphtha trader. We source, store and blend all the most actively demanded products and grades, supporting trade flows to the Far East, North and Latin America, Africa and Europe. We develop new outlets for condensates, using Trafigura's diverse customer base that includes refineries, splitters and petrochemical facilities.

Trafigura found guilty of exporting toxic waste - BBC News

Trafigura found guilty of exporting toxic waste. A Dutch court has found multinational Trafigura guilty of illegally exporting toxic waste from Amsterdam and concealing the nature of the cargo. In ...

Trafigura revisited | Commentary | Jamaica Gleaner

Therefore, this development merits the Trafigura scandal to be revisited. Trafigura Beheer, a Dutch Company which trades in oil and did/does business with Jamaica, was involved with a political party, the People's National Party (PNP). In 2006, it came to light that this company gave $31 million to an account operated by Colin Campbell, then ...

Oil Trader Trafigura Denies Brazil Prosecutor Bribery Claims

Trafigura earned ill-gotten profits of $37.3 million from the deals to the detriment of the state-controlled company, the prosecutors say in the civil lawsuit. They are seeking to freeze as much as 1 billion reais in assets from Trafigura and some staff. Trafigura "strongly denies these allegations," the spokesperson said.

World's biggest oil traders paid bribes in Brazil scandal ...

Leading global oil traders Vitol [VITOLV.UL], Trafigura [TRAFGF.UL] and Glencore paid more than $30 million in bribes to employees at state-owned Brazilian company Petrobras in a scheme that may ...