Gunvor in Congo

Oil, cash payments and embezzlement. The adventures of a Swiss trader in Brazzaville.

A Public Eye Investigation

Main article

Gunvor in Congo: new disclosures undermine the trader’s case

Gunvor in Congo: new disclosures undermine the trader’s case

Public Eye has seen a new legal document showing that up to six employees from oil trader Gunvor had authorised the payment of suspicious commissions to “facilitate” profitable oil contracts in the Republic of Congo. This information seriously undermines Gunvor’s defence case, in which the trader claims to have been a victim of a former lone wolf employee “acting without the company’s knowledge and much to the detriment of the company”. This decisive fact led Switzerland’s attorney general to initiate legal proceedings against Gunvor for “organizational shortcomings” linked to possible acts of corruption of foreign public servants. …»

Media

Swiss prosecutor widens probe into commodities trader Gunvor.

Swiss prosecutor widens probe into commodities trader Gunvor.

 — The Office of the Attorney General of Switzerland has expanded a bribery investigation into the activities of a former employee of the Swiss commodities trader Gunvor Group. …»

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Oil and embezzlement: Public Eye reveals Gunvor's secrets in Congo

Oil and embezzlement: Public Eye reveals Gunvor's secrets in Congo

 — A new report, the result of a two-year investigation, reveals the dubious practices of the world’s fourth largest private oil trading company. To get hold of Congolese black gold, Gunvor went as far as entering into dealings with dodgy partners and paying exorbitant commissions. Ever since the Attorney General of Switzerland opened criminal proceedings in 2012, the Geneva trader has offloaded the …»

UK exports banned pesticide to developing countries

UK exports banned pesticide to developing countries

 — Paraquat is one of the most toxic pesticides in the world. It causes thousands of acute poisonings each year and is linked to several chronic illnesses, including Parkinson's disease.(1) …»

UK condemned over 'shocking' export of deadly weedkiller to poorer countries

UK condemned over 'shocking' export of deadly weedkiller to poorer countries

 — UK accused of double standards as thousands of tonnes of pesticide not authorised for use in EU are produced in Britain for export to developing world. …»

Sixty times less sulfur: Accra and Lagos breathe a sigh of relief

Sixty times less sulfur: Accra and Lagos breathe a sigh of relief

 — Ghana and Nigeria have legislated for significantly lower limits on the sulphur content in imported fuels, effective 1st July, just 10 months after the publication of "Dirty Diesel”. The report from …»

Patents on Seeds: Europe misses the boat

Patents on Seeds: Europe misses the boat

 — Yesterday in The Hague, the 38 Member States of the European Patent Convention (EPC), including Switzerland, adopted stricter rules on granting of patents on plants and animals. The scope of the …»

Syngenta is now in Chinese hands, but will the company finally stop producing Paraquat?

Syngenta is now in Chinese hands, but will the company finally stop producing Paraquat?

 — The Annual General Meeting of Syngenta approved the buy out of the company by ChemChina. In spite of a slight drop in sales, Syngenta remains the global leader in the pesticide market. Public Eye …»

Exclusive study dedicated to corruption risks in commodity trading

Exclusive study dedicated to corruption risks in commodity trading

 — Despite high corruption risks, sales of State-owned resources have until recently received little attention in the academic literature or in political debates around the resource curse. A Public Eye …»

Stevia: 260,000 signatures demanding from Coca-Cola to stop its bio-piracy

Stevia: 260,000 signatures demanding from Coca-Cola to stop its bio-piracy

 — Over 260,000 people have signed a petition asking Coca-Cola to negotiate a fair benefit-sharing agreement with the Guarani people on their profits from the commercial use of stevia-derived products. …»