Gunvor S.A., a wing of global commodities trading giant Gunvor Group, pleaded guilty on March 1 to conspiracy to violate the Foreign Corrupt Practices Act as part of a scheme to bribe officials of Petroecuador, the Ecuadorian state-owned oil company, and the Ecuadorian Ministry of Hydrocarbons. Gunvor was ordered to pay a $661 million criminal penalty for bribing the officials to receive contracts to buy oil products, the U.S. Attorney's Office for the Eastern District of New York announced.
The following lawsuit was filed recently at the Court of International Trade:
The Court of International Trade on March 1 issued a scheduling order in the lawsuit challenging the Commerce Department's pause on antidumping and countervailing duties on solar cells and modules from Southeast Asian countries found to be circumventing the AD/CVD orders on these goods from China (Auxin Solar v. United States, CIT # 23-00274).
Antidumping duty petitioners Bio-Lab, Innovative Water Care and Occidental Chemical Corp. took to the Court of International Trade on March 1 to contest the Commerce Department's surrogate country pick in the 2021-22 antidumping duty review on chlorinated isocyanurates from China (Bio-Lab v. United States, CIT # 24-00024).
The Court of International Trade on Feb. 29 sustained the Commerce Department's remand results in a case on the 2019 administrative review of the countervailing duty order on crystalline silicon photovoltaic cells from China. On remand, Commerce reversed its decision to apply subsidy rates to China's Export Buyer's Credit Program (EBCP) and a Chinese tax program for the CVD rate for exporters Risen Energy Co. and JA Solar Technology Yangzhou Co.
The Court of International Trade remanded the Commerce Department's antidumping duty investigation on superabsorbent polymers from South Korea in a March 1 confidential opinion. Petitioner Ad Hoc Coalition of American SAP Producers' motion for judgment had argued against Commerce's use of alternative characteristics of superabsorbent polymers supplied by respondent LG Chem to set control numbers (see 2307170007). The petitioner said the use of LG Chem's alternative characteristics is contrary to the agency's established practice (The Ad Hoc Coalition of American SAP Producers v. U.S., CIT # 23-00010).
The Court of International Trade on March 1 rejected importer Diamond Tools Technology's request for attorney fees in its suit challenging CBP's finding that the company evaded the antidumping duty order on diamond sawblades from China. Judge Timothy Reif said that since the case presented two issues of "first impression," the government's position was "substantially justified."
The World Trade Organization extended the 13th Ministerial Conference by one day to "facilitate outcomes," the WTO announced. The conference, which was set to end Feb. 29, was extended to March 1 following consultations by WTO Director-General Ngozi Okonjo-Iweala, MC13 Chair Thani bin Ahmed Al Zeyoudi and minister facilitators.
The U.S. Attorney's Office for the Southern District of New York last week charged Russian oligarch Andrey Kostin, along with Russian national Vadim Wolfson of Austin, Texas, and U.S. citizen Gannon Bond of Edgewater, New Jersey, with conspiracy to violate U.S. sanctions on Russia by providing "funds, goods, and services" to Kostin, a sanctioned party, it said in a news release. (U.S. v. Andrey Kostin, S.D.N.Y. # 24-00091).
Former commodities trader Javier Aguilar was convicted Feb. 23 of violating the Foreign Corrupt Practices Act by bribing officials of Ecuadorian state-owned oil company Petroecuador. The U.S. Attorney's Office for the Eastern District of New York also said Aguilar was found guilty of laundering money used to bribe Ecuadorian officials of Petroecuador and of an affiliate of the Mexican state-owned oil company Pemex. He faces a maximum 30-year prison stint.