Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Gunvor S.A.
Penalty: $661,698,515
Year: 2024
Date: March 1, 2024
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Mega-Scandal: Foreign Bribery
Violation Description: Gunvor S.A., an international commodities trading company based in Switzerland, agreed to plead guilty and pay over $661 million to resolve an investigation by the U.S. Justice Department into violations of the Foreign Corrupt Practices Act (FCPA) relating to bribes paid to government officials in Ecuador.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.