Statement of facts IPCO Trading

The Swiss oil trading company IPCO Trading (hereinafter: IPCO) has accepted a settlement penalty in the amount of Euros 100,000 offered by the Dutch Public Prosecution Service (DPPS). The DPPS charged the Swiss company with illegal import of (hazardous) waste and illegal processing of waste outside a licensed facilities, namely on board of a tanker ship off the Scheveningen coast.