Radiant World sent Mizuho fake Glencore email, court filing says
Details of the email exchange were outlined by Mizuho as part of a lawsuit in Singapore, where it has accused Radiant World of an alleged fraud.
In a legal filing obtained by Bloomberg News, Mizuho Bank alleges that Singapore-based Radiant World fraudulently created e-mail correspondence, claiming Glencore planned to repay nearly US$100 million (S$127.6 million). The e-mail exchange was outlined by Mizuho as part of a lawsuit in Singapore, where Radiant World is accused of a fraud related to iron-ore receivables allegedly owed by Glencore.
The bank is one of several lenders to launch legal proceedings against Radiant World since July, when concerns emerged that the trader was raising funds using falsified documents.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
