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. A $70,000 Patek Philippe wristwatch, a luxury bathroom remodelling, and at least a dozen bags of cash. Those are just some of the bribes paid to win oil trading business in Ecuador, according to testimony heard in … Continue reading Oil traders won Ecuador deals with $70,000 watch and bags of cash