Trafigura’s chief executive, Richard Holtum, called for Western governments to nationalise parts of the metals processing industry to compete with China as he placed the company’s struggling ...

Trafigura Group’s $1.1 billion loss in a suspected multi-year fraud in Mongolia was a “humbling experience,” the trading giant’s new chief said in his first public comments on the scandal.

LONDON, March 25 (Reuters) - Trafigura's top executive in Mongolia, who has been suspended while a billion-dollar fraud scheme at the Swiss trading house is investigated, loaned over $500 million ...

Trafigura chief executive Richard Holtum says the commodity trading giant has undertaken a “significant governance and controls project” after suffering a US$1bn loss in a fraud scandal within its ...

It is the second such issue to hit Trafigura in two years after it said in 2023 that it had been the victim of a $600mn nickel fraud. The trouble in Mongolia was significant enough to trigger ...

The full year financial report of Nyrstar’s parent company, Trafigura, shows it wrote down the value of the combined entities by $US297m ($466m) for the financial ...

and on Friday confirmed it took $1.1 billion in losses related to alleged employee misconduct in its Mongolian oil business. In the case that concluded last week, the charge against Trafigura is ...

Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based ...

Trafigura being painted as ‘incarnation of ... Trafigura uncovered “serious misconduct” by staff involved in its Mongolian petroleum products supply business. The findings were made by ...

The Mongolia losses mean Jeremy Weir ’s tenure as chief executive officer at one of the world’s largest commodity traders is ending on a sour note, with Trafigura forced to restate several years of ...

Trafigura Group reported a sharp drop in profit as it took $1.1 billion in losses related to alleged employee misconduct in its Mongolian oil business. The Mongolia losses mean Jeremy Weir’s ...