Stay updated with breaking news from Harshdeep Bhatia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Staff at Trafigura Group worked with alleged fraudster Prateek Gupta to ensure that their dealings would not raise the suspicion of key lender Citigroup
Trafigura looked into whether staff colluded with Indian businessman Prateek Gupta, whom it accuses of substituting nickel with low-value metals, but was satisfied by their denials, a court document... -December 06, 2023 at 06:35 am EST - MarketScreener
Employees at commodity trader Trafigura worked with Indian businessman Prateek Gupta to keep secret a deal to substitute scrap and other low-value metal for nickel, Gupta alleged in a court document... -December 05, 2023 at 08:18 am EST - MarketScreener
(Bloomberg) -- The man accused by Trafigura Group of being behind a $590 million nickel fraud finally responded to the allegations, claiming that Trafigura itself “devised and proposed” the scheme.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment HitGoldman Breaks Its Own Rule to Flag Results Much Worse Than RivalsUS Inflation Hits Two-Year Low,
Lawyers for Indian businessman Prateek Gupta rejected commodity trader Trafigura's allegations of fraud, saying Trafigura employees proposed that Gupta substitute other materials for nickel, according...