The Global Oil Bribery Scheme Caught on Tape

The Global Oil Bribery Scheme Caught on Tape

The commodity trading industry has been known for shady behavior since the days of Marc Rich, the infamous godfather of the industry. But the landmark trial of Javier Aguilar has brought to life the inner workings of a modern-day bribery scheme in more detail than ever before. His testimony has painted a picture of an industry which has continued to write its own rules. The question now is whether it will ever change.

0:00 – Introduction
0:46 – Reporting
2:17 – Aguilar and Vitol
3:16 – The scheme
5:00 – FBI closes in
6:49 – Case verdict
7:53 – Future corruption

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