Trafigura Targets Gupta Dubai Assets In Bid to Recoup Lost Nickel Millions

🇦🇪 Bloomberg (AE) —

AI Summary

Trafigura Group has requested a Dubai court to impose tighter financial restrictions on Prateek Gupta's wife to recover over $700 million in damages linked to sales of counterfeit nickel. This legal action aims to recoup losses stemming from fraudulent commodity transactions.

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.

Politics Markets Deals Commodities Trafigura Group Dubai court Prateek Gupta fake nickel commodity fraud financial restrictions

Read original source →