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Former Vitol trader pleads guilty in US to Mexico-related bribery charges

( August 21, 2024, 21:28 GMT | Official Statement) -- MLex Summary: Javier Aguilar, a former trader at the commodities giant Vitol, has pleaded guilty to conspiring to violate the Foreign Corrupt Practices Act and engaging in interstate and foreign commerce to promote and to distribute the proceeds of commercial bribery, the US Department of Justice said. He admitted to his role in a scheme to pay bribes to officials at PEMEX Procurement International, a wholly owned affiliate of the Mexican state-owned oil company, PEMEX. The plea follows Aguilar’s conviction at trial earlier this year in a related case for paying bribes to Ecuadorian officials and laundering the bribe money for both the Ecuador and Mexico bribery schemes. Statement and plea agreement follow below:...

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