Trafigura paid nearly €5 million (CHF4.7 million) in bribes to an Angolan official through an intermediary who was dubbed “Mr Non-Compliant” by the commodity trader’s founder, Claude Dauphin, Swiss prosecutors have alleged. The Swiss indictment accuses Trafigura Beheer BV, the former parent company of Trafigura Group, of failing to prevent acts of serious corruption between 2009 and 2011. It also accuses Trafigura’s former chief operating officer, Mike Wainwright, who retired earlier this year, of bribery. The Swiss federal prosecutor announced the charges against Wainwright and Trafigura Beheer BV last year, but details were withheld until now, as is customary in Swiss legal proceedings. Dauphin, who died of cancer in 2015, was for decades one of the most powerful figures in the global trade in raw materials. The indictment marks the first time he has been named by prosecutors as having masterminded the alleged scheme. While numerous cases of bribery, corruption and money ...
