How Marc Rich’s Former Haven Put a Commodity Trader on Trial
- Trafigura bribery trial shows shifting stance in Switzerland
- Swiss trial was the first involving a commodity trader
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When Trafigura Group director Mark Irwin stood up earlier this month to give evidence in a Swiss criminal court, it represented a pivotal moment in the relationship between the world’s commodity traders and the country that many of them call home.
Until now, Swiss prosecutors had never put a commodity trading house on trial. In fact, they’d never tried any company for corruption at all.