Claude Wilfrid Etoka

Claude Wilfrid Etoka (a.k.a. Willy Etoka) (born 30 May 1969, in Brazzaville, Congo) is a Congolese businessperson. He is CEO of the oil trading company SARPD Oil and Oil Palm. With a wealth estimated at US$ 500 millions, he is known for acting as a trustee of the family of the president of the republic of Congo.

Career Etoka founded SARPD Oil in 2003, which became, according to The Times, a "rising star in African oil trading", with a trading floor based in Geneva and marketing operations set up in Morocco under Casablanca Finance City regulations.

Etoka is a politically exposed person. His bank accounts at BNP Paribas were closed due to his known close links with the president of Congo and the improbable level of profitability of his companies arising out of corruption and misappropriations of Congolese oils. His company supplies 10% of the Congolese fuel market, In Jeune Afrique (11 May 2015). Etoka featured as one of the well-connected ‘Golden Boys’; new African traders breaking through in the oil markets traditionally dominated by the international oil giants which are controlled and owned by Europeans (Glencore, Trafigura, Vitol, Mercuria, Oryx Energy).

The whole owner of ECO OIL ENERGY Sàrl is GROUP WEC MARINE LIMITED, an offshore company in Cyprus. Philippe Chironi was interviewed in September 2015 by the French judge on the dite « biens mal acquis » focusing on the Congolese President and other members of the family.

Forbes Africa — using the similarity with the famous Forbes Magazine — has been used to promote the Sassou Nguesso family and create a veneer of respectability for the various nominees, laundering funds for the Sassou Nguesso family. For example, Etoka won the prize for the 6th edition of the Bâtisseurs de L’Economie Africaine (Builder of the African Economy) held in Abidjan, Côte d'Ivoire. The prize is for personalities that provide a substantial contribution to the economic and social development of Africa.

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