UK News
Trafigura Targets Gupta Dubai Assets In Bid to Recoup Lost Nickel Millions
Key Points
Commodities Trafigura Targets Gupta Dubai Assets In Bid to Recoup Lost Nickel Millions Trafigura Group asked a Dubai court to tighten financial restrictions on Prateek Gupta’s wife, as it looks to recoup more than $700 million in damages owed by him for sales of fake nickel. In January a London court ruled that that Gupta had defrauded Trafigura on a massive scale, rejecting his accusation that Trafigura’s own executives were aware of the scam.
Commodities
Trafigura Targets Gupta Dubai Assets In Bid to Recoup Lost Nickel Millions
Trafigura Group asked a Dubai court to tighten financial restrictions on Prateek Gupta’s wife, as it looks to recoup more than $700 million in damages owed by him for sales of fake nickel.
In January a London court ruled that that Gupta had defrauded Trafigura on a massive scale, rejecting his accusation that Trafigura’s own executives were aware of the scam.