A unit of Gunvor Group, one of the world’s largest energy commodity trading firms, has agreed to pay about $661m after it admitted to bribing Ecuadorean officials.
Gunvor SA entered a guilty plea to a charge of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) in a federal
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day
