Swiss traders’ opaque deals in Nigeria

This explosive Public Eye (formerly Berne Declaration) report shows how, through opaque Joint Ventures with the state oil company, Swiss commodities traders that dominate the market – such as Trafigura and Vitol – likely benefit from corruption and mismanagement. And it seems that Mercuria and Nigerian traders with subsidiaries in Geneva are benefitting from the gravy train too – as can be seen in this explosive report.