Vitol trader confirmed Radiant World deal that Vitol now denies
Kunal Ahuja is emerging as a key figure in the saga of Radiant World.
Kunal Ahuja, once a trader at Glencore and now formerly of Vitol, has emerged as a pivotal figure in the Radiant World saga. Ahuja confirmed a transaction between his company Vitol and Radiant World to lender Intesa Sanpaolo SpA, and also confirmed other trades to Jefferies Financial Group. This revelation comes as Radiant World fights multiple lawsuits accusing it of fraudulently raising money using fake documents.
Ahuja, who has since left Vitol, has not commented on the matter. Radiant World's founder, Pinkesh Nahar, in a legal filing, described how Ahuja introduced Radiant World to Glencore in 2011, and later brought Radiant World to Vitol in 2024. Ahuja's role in the company's dealings with its lenders has added a new layer to the ongoing saga.
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