Brazil: Brazil pursues criminal probe of top Trafigura executives -sources

Brazilian investigators are pursuing the first criminal probe of current executives at commodities trading firm Trafigura on allegations they approved the bribery of employees at state-controlled oil producer Petrobras, according to three people familiar with the matter.

The investigation has focused on two of the three top Trafigura here directors, Co-head of Oil Trading Jose Larocca and Chief Operating Officer Mike Wainwright. The criminal probe is advancing alongside a civil lawsuit against the same executives and others disclosed this month, the people said.

Brazilian investigators have also shared findings with U.S. prosecutors and the Federal Bureau of Investigation (FBI), the people said, speaking on the condition of anonymity because the case is classified.

The original full article can be found at

(Photo: Denis Balibouse/Reuters)

Ready to find out more?

Leave a Comment

Your email address will not be published.

Scroll to Top
Share via
Copy link
Powered by Social Snap