Early success for commodity trader in $600mn legal battle with Indian businessman
Alleged nickel fraud involved $600mn writedown after cargoes found to contain far less valuable materials
Singapore-based commodity trader denies fraud ahead of showdown in London’s High Court
Allegations set up blockbuster showdown in London’s High Court
Commodity trader’s scant knowledge of some of its counterparties raises questions over due diligence
Commodity trader alleges the ‘controlling mind’ behind nickel scheme repeatedly tried to stall for time
Indian tycoon Prateek Gupta accused of ‘systematic fraud’ by world’s largest private metals trader
Failure to obtain certification and check customs codes alarmed bankers in deal at heart of lawsuit
Silver Bank’s shareholder has ties to alleged fraudster Prateek Gupta
Commodity trading group discovers shipments that did not contain any trace of the valuable metal
