On 8th November, a release on Mondo Visione said that the world’s top 2 commodity traders used middlemen notorious for their role in Brazil’s mammoth “Car Wash” bribery scandal, Global Witness and Switzerland’s Public Eye can reveal. The report claims that Glencore and Vitol paid millions of dollars to middlemen who now face corruption charges over separate deals. In August Brazilian prosecutors charged some of the intermediaries with having bribed senior officials at state oil company Petrobras, in deals shortly before their work for Glencore and Vitol. Furthermore, Trafigura, the world’s third biggest independent oil trader, is the subject of a Brazilian police investigation, Petrobras told Global Witness. Previously unreported court material also places Trafigura in negotiations with another Car Wash player, Jorge Luz, now so infamous he is known as the “Deacon of Bribes”. Court filings show Luz discussing a $2bn Petrobras oil deal with Trafigura.
The report, “Friends in Low Places” ia at –