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Singapore Court Appoints KPMG to Manage Trader Radiant World

Key Points

A Singapore court appointed KPMG restructuring executives to take control of Radiant World on Thursday, granting an application by creditor Mizuho Bank Ltd., which has accused the iron ore trader of an alleged fraud linked to iron ore receivables.

A Singapore court appointed KPMG restructuring executives to take control of Radiant World on Thursday, granting an application by creditor Mizuho Bank Ltd., which has accused the iron ore trader of an alleged fraud linked to iron ore receivables.
Singapore Court (ORG) KPMG (ORG) Manage Trader Radiant World A (ORG) Singapore (LOCATION) Radiant World (ORG) Mizuho Bank Ltd. (ORG)
Originally published by Bloomberg Markets Read original →