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Gunvor's Geneva office searched by Swiss prosecutor in corruption investigation

Published by Global Banking & Finance Review

Posted on June 2, 2026

1 min read

· Last updated: June 2, 2026

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Swiss Prosecutors Search Gunvor's Geneva Office in Corruption Investigation

Details of the Gunvor Geneva Office Search and Ongoing Investigation

Background of the Investigation

LONDON, June 2 ((Reuters)) - Global commodity trading house Gunvor's office in Geneva was searched by Swiss prosecutors in May in as part of a criminal investigation into bribery of foreign officials by persons unknown, the office of the attorney general of Switzerland said in a statement on Tuesday.

Gunvor's Response to the Investigation

In its own statement, Gunvor said it is not the target of the investigation and that it had reported issues to the authorities a year ago, pertaining to a $2 million fraud scheme by a maritime service provider it had taken to the UAE courts and fired a former employee over. 

Reporting and Editorial Credits

(Reporting by Robert Harvey and Shadia Nasralla in LondonEditing by David Goodman)

Key Takeaways

  • Search conducted mid‑May 2026 by Swiss federal police at the behest of the Attorney General’s Office in a criminal investigation into bribery of foreign public officials (zonebourse.com)
  • Probe reportedly centers on a 2024 oil mega‑deal in Gabon involving alleged parallel payments to intermediaries, according to NGO Public Eye (publiceye.ch)
  • Gunvor says it is not the target, has cooperated fully, and had proactively reported a $2 million fraud scheme to authorities a year prior (zonebourse.com)

References

Frequently Asked Questions

Why was Gunvor's Geneva office searched by Swiss prosecutors?
Swiss prosecutors searched Gunvor's Geneva office as part of a criminal investigation into the bribery of foreign officials by persons unknown.
Is Gunvor the target of the Swiss bribery investigation?
Gunvor stated it is not the target of the investigation and had reported relevant issues to authorities previously.
What related fraud scheme did Gunvor disclose?
Gunvor disclosed a $2 million fraud scheme involving a maritime service provider, which was reported to UAE courts and resulted in the firing of a former employee.
What prompted Gunvor to take action regarding the fraud?
Gunvor reported the fraud after discovering it and took action by firing a former employee and approaching the UAE courts.
Where did the search on Gunvor's offices take place?
The search took place at Gunvor's office in Geneva, Switzerland.

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