Bloomberg News

Swiss Prosecutor Starts Criminal Probe of Former Gunvor Employee

July 04, 2012

Swiss authorities confirmed today the start of criminal proceedings in a money-laundering probe after Gunvor Group Ltd. said a former employee in Congo Republic is under investigation.

“The Swiss Public Prosecutor has opened a criminal inquiry against an unidentified individual suspected of money laundering,” the authority said today by e-mail.

Gunvor is conducting an internal investigation, the firm said yesterday in a statement.

To contact the reporter on this story: Giles Broom in Geneva at

To contact the editor responsible for this story: Frank Connelly at

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