Former Vitol oil trader Javier Aguilar convicted on corruption charges for $1m bribes to Ecuador, Mexico officials.
A former oil trader at Vitol, one of the world's largest energy trading companies, was convicted on corruption charges for paying over $1m in bribes to officials in Ecuador and Mexico to win business. Javier Aguilar, 50, was found guilty of three counts of foreign bribery, foreign bribery conspiracy, and money laundering conspiracy. He sent bribe money from his Geneva-based employer through a series of middlemen and shell companies, violating the Foreign Corrupt Practices Act.
February 23, 2024
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