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International Business Times
International Business Times
National

Ex-Energy Trader in US Pleads Guilty to International Bribery Scheme

United States Vitol Mexico Pemex
Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part of the National Refining System (SNR) located in Paraiso, Tabasco state, Mexico. (Credit: YURI CORTEZ/AFP via Getty Images)

A Texas man pleaded guilty Wednesday to conspiring to violate the Foreign Corrupt Practices Act and engaging in interstate and foreign commerce to promote and to distribute the proceeds of commercial bribery for paying bribes to officials at PEMEX Procurement International (PPI), a wholly-owned affiliate of the Mexican state-owned oil company, PEMEX.

The plea follows Javier Aguilar's conviction at trial earlier this year in a related case for paying bribes to Ecuadorian officials and laundering the bribe money for both the Ecuador and Mexico bribery schemes.

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