Podcast: "The Lobito Corridor: Trafigura on track for Africa's mining heartland"

Public Eye’s latest podcast investigates the Angolan corruption scandal involving Trafigura. It sheds light on how the company allegedly bribed Angolan officials to extract $145 million unlawfully—and how it continues to operate in the country, even after a Swiss Criminal Court found it guilty of fraud in January 2025.

What’s particularly striking is how the strategies used by Trafigura in Swiss court mirror its approach in other cases—like the ongoing legal battle with minority shareholders of Nyrstar. In that case, Trafigura is accused of orchestrating a fraudulent restructuring in 2019 to take control of all the company's assets. Tactics include deploying top-tier legal teams, avoiding the core allegations, attacking the credibility of claimants, stalling legal proceedings and leveraging media pressure and threats of retaliation.

In today’s world—marked by geopolitical tension and the critical role of commodities—it’s deeply concerning that companies with such a track record of scandals, bribery, and aggressive profit-seeking remain central players.

🤔 Do we want these kinds of companies shaping our global economy? Or will we uphold the European values of integrity, transparency, and fair play, striving for win-win partnerships and long-term societal impact?

Podcast: "The Lobito Corridor: Trafigura on track for Africa's mining heartland" - © Public Eye