The trial of a former Vitol trader has revealed the involvement of large commodity traders in brazen wrongdoing, including bribes and luxury gifts, to win business in Ecuador. This includes a $70,000 Patek Philippe wristwatch and bags of cash. The bribes also extended to a 120,000-euro bathroom remodeling for a senior official at Ecuador's state oil company. The scandal has shed light on the wild and ugly underbelly of the oil trading industry, with allegations of international bribery schemes and gender-based financial expectations.
Ladies, unless your man is willing to orchestrate an international bribery scheme to get that bathroom redone he will not be able to provide for you https://t.co/gOXIOeCGcY
Oil traders allegedly using bathroom remodeling to bribe certain Ecuadorian oil marketing officials #OOTT https://t.co/XXMCk2vs5p
A Patek Philippe wristwatch, bags of cash The trial of a former Vitol trader is providing an unprecedented window into brazen wrongdoing by some of the largest commodity traders https://t.co/MAzoBA5Vkd
#Ecuador: Oil Traders Won Ecuador Deals With $70,000 Watch and Bags of Cash Traders' bribes also paid for a 120,000-euro bathroom remodelling for a senior official at Ecuador's state oil company. #oott https://t.co/I1z6snZHU4
MUST READ: The wild, ugly underbelly of the oil trading industry. A dozen bags of cash, millions of dollars in bribes, and the $70,000 Patek Philippe wristwatch: how the biggest commodity traders won businesses in Ecuador. #OOTT #Ecuador | @jfarchy https://t.co/TG642xwGaw
A Patek Philippe wristwatch, bags of cash. The trial of a former Vitol trader is providing an unprecedented window into brazen wrongdoing by some of the largest commodity traders https://t.co/RaJ3hnFxWa
These women are chastising this man because he wouldn't pay the $700 bill - because he's the only man at the table they feel he is obligated to pay. https://t.co/jnvi297zTI