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Commodities trader Gunvor searched in Geneva

GenevaTimes by GenevaTimes
June 3, 2026
in Switzerland
Reading Time: 9 mins read
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Commodities trader Gunvor searched in Geneva
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Gunvor

Gunvor denies knowledge of bribes


Keystone-SDA

The Geneva headquarters of commodities trader Gunvor have been searched on the orders of the Office of the Attorney General of Switzerland.





Generated with artificial intelligence.


This content was published on


June 2, 2026 – 11:53

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The search is part of criminal proceedings against Gunvor on suspicion of bribery of foreign public officials.

Revealed on Tuesday by the NGO Public Eye, this information was confirmed to Keystone-ATS by a spokesperson for the Office of the Attorney General of Switzerland (MPC). The search was carried out by federal police in May.

As the procedure is ongoing, the MPC did not provide any further details and reiterated the presumption of innocence.

+ Commodity trading in Switzerland, explained

In its investigation, Public Eye questions an oil contract “concluded in Gabon in 2024 under opaque conditions”. The NGO reveals a parallel payment system that was allegedly set up to pay intermediaries in Africa.

Contacted by Keystone-ATS, Gunvor points out that “as usual, Public Eye exaggerates and distorts the information. Gunvor has never seen or known of any such contract”.

Gunvor itself is not the target of the proceedings brought by the MPC in Switzerland. It undertakes to cooperate fully with the investigating authorities.

Gunvor has already been convicted twice in Switzerland in corruption-related cases. In 2019, the company was convicted by the MPC for its criminal liability in connection with acts of corruption in Congo and Côte d’Ivoire. In 2024, it was found criminally liable for acts of corruption in Ecuador.

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A third of the world's oil is traded from Geneva

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Adapted from French by AI/mga


We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.  

Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.

If you have any questions about how we work, write to us at english@swissinfo.ch

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