Switzerland's top criminal court on Friday convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola.
A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in what campaigners hailed Friday as a "historic" first in Switzerland. Switzerland is home to some 900 commodities trading firms,
In a landmark case, the court handed the company's British former chief operating officer Mike Wainwright - who has also competed as a racing driver - a 32-month jail sentence and fined the company $148m (£119m).
The human rights record of Angola will be examined by the United Nations Human Rights Council’s Universal Periodic Review (UPR) Working Group for the fourth time on Thursday, 23 January 2025, in a meeting in Geneva that will be webcast live.