A former Vitol employee is facing trial in the US for allegedly bribing Ecuadorian officials to secure a lucrative contract.
Background of the Case
A former employee of Vitol, the world’s largest oil trader, is gearing up for a trial in the United States. The individual is accused of engaging in bribery activities to secure a substantial contract from Petroecuador, Ecuador’s state oil company.
Allegations and Trial
The defendant is facing charges of offering bribes to officials in Ecuador in order to secure a $300 million contract from Petroecuador. The trial is scheduled to begin this week in the United States, with the individual set to defend against the accusations in a court of law.