NEW YORK (Reuters) -A former oil trader at Vitol, one of the world's largest energy trading companies, was convicted on Friday of corruption charges stemming from more than $1 million in bribes he paid to officials in Ecuador and Mexico to win business. A federal jury in Brooklyn found Javier Aguilar guilty of three counts of foreign bribery, foreign bribery conspiracy, and money laundering conspiracy. Federal prosecutors in Brooklyn said Aguilar sent bribe money from his Geneva-based employer to the officials through a series of middlemen and shell companies in violation of the Foreign Corrupt Practices Act (FCPA), a U.S. law that prohibits paying bribes to foreign officials.
Former Vitol oil trader convicted of Ecuador, Mexico corruption charges
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Cash for Vitol Bribes Was Handed Over in Houston Parking Lot
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Ex-Pemex manager sought cash register of bribes from Vitol trader -trial evidence
stabroeknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stabroeknews.com Daily Mail and Mail on Sunday newspapers.