The Global Oil Bribery Scheme Caught on Tape

The Global Oil Bribery Scheme Caught on Tape

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video explores a major corruption case involving Javier Aguilar and the Pere brothers, who orchestrated a bribery scheme in Ecuador. The scheme involved Vitol, a leading oil trading company, and resulted in significant financial losses for Ecuador. The FBI's investigation led to the conviction of Aguilar and others, highlighting the pervasive issue of corruption in the commodity trading industry.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the financial implications of the bribery scheme for the government of Ecuador?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways did the bribery scandal impact the reputation of the commodity trading industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures have other large oil traders taken in response to the bribery case?

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