Former Vitol trader sentenced to 4 years in prison in US bribery case
By Samuel Rubenfeld ( September 18, 2026, 23:27 GMT | Insight) -- A former trader at commodities giant Vitol was sentenced Friday to 48 months in prison for paying bribes to Ecuadorian and Mexican officials in exchange for hundreds of millions of dollars in contracts. Vitol had agreed in 2020 to pay $135 million to US and Brazilian authorities; the US charges against the company were dismissed in June 2024 in line with the terms of a deferred prosecution agreement.A former trader at commodities giant Vitol was sentenced Friday to 48 months in prison for paying bribes to Ecuadorian and Mexican officials in exchange for hundreds of millions of dollars in contracts....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.