Agritrade executive charged by police over deceptive bills of lading
22-09-21 / by John Basquill
Singapore police have charged a former Agritrade executive with deceiving Shanghai Pudong Development Bank (SPD Bank) into...Agritrade
Greensill-funded Westford hid Liberty involvement in commodity trades, documents show
07-07-21 / by John Basquill
Westford Trade Services, a trade finance lender that drew financing from Greensill-arranged funds, had previously...
Artis Finance takes aim at trade finance gap as traditional banks retreat
16-12-20 / by John Basquill
Waldo de Vleeschauwer, co-founder and former managing director of Africa Merchant Capital’s trade finance business,...
Singapore banks unveil tougher commodity finance standards after fraud scandals
01-12-20 / by John Basquill
Singapore’s banks have finalised a code of best practice for the provision of trade finance...
ING to scale back wholesale banking, but says no link to fraud
09-11-20 / by John Basquill
ING has announced plans to “refocus” its wholesale banking operations, including trade finance, targeting a...
Shipping industry eyes recovery in two years, finds survey
14-10-20 / by Eleanor Wragg
The global shipping sector has experienced far-reaching negative impacts as a result of the Covid-19...
Oil trader Sugih ‘conspired with Hontop’ on oil trade fraud, Natixis claims
31-07-20 / by John Basquill
French bank Natixis has accused Sugih Energy, an Indonesian oil trader with operations in Singapore,...
GTR News Brief: Episode 8
23-07-20 / by Felix Thompson
In the eighth episode of the GTR News Brief, the latest podcast series from the...
Singapore oil trader Hontop faces fraud claims: what went wrong?
22-07-20 / by John Basquill
As Singapore’s Hontop Energy becomes the latest oil trader to be embroiled in a fraud... Scandal-hit Agritrade urges banks to accept “white knight” investment
22-07-20 / by John Basquill
Agritrade is urging three major banks to accept a new offer from a London-based investment...