bribery

Trading Giant Vitol Agrees to Settle Latin American Bribery Case

Trading Giant Vitol Agrees to Settle Latin American Bribery Case

The U.S. affiliate of Swiss commodities giant Vitol Inc. has admitted to bribing Brazilian, Ecuadorian and Mexican officials over the course of more than a decade in exchange for illicit competitive advantages. Vitol agreed to pay $135 million to resolve the U.S. Department of Justice’s investigation into the schemes to pay off government officials in…

December 10, 2020
Ohio Speaker, Others Tied to Bribery Scheme for Nuclear Power Bailout Opposed by Natural Gas, Oil Industry

Ohio Speaker, Others Tied to Bribery Scheme for Nuclear Power Bailout Opposed by Natural Gas, Oil Industry

Ohio Speaker of the House Larry Householder was arrested Tuesday and charged in a federal racketeering conspiracy for his alleged role in helping to pass legislation last year to provide subsidies for two nuclear power plants operated by FirstEnergy Corp. subsidiaries. An 80-page criminal complaint filed by the U.S. Attorney’s Office for the Southern District…

July 22, 2020