Swiss indict a former employee of trading firm Gunvor over bribes paid in Republic of Congo

Swiss federal prosecutors say they have indicted a former employee of the Geneva-based commodities trading firm Gunvor over bribes paid to obtain access to the Republic of Congo’s petroleum market more than a decade ago. The attorney general’s office says the indictment follows an eight-year investigation during which the company was fined 94 million Swiss francs (dollars) in 2019 over the bribery allegations. Gunvor was co-founded by Swedish petrochemicals magnate Torbjörn Törnqvist and Gennady Timchenko, a now-sanctioned oligarch close to Russian President Vladimir Putin.