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forged contracts

Trafigura wins US$11m trade-finance fraud appeal over forged coal...

Commodity trader Trafigura has defeated an appeal by Rasmala Trade Finance Fund in a dispute arising from more than US$22.6m of payments made against fraudulent coal-trading arrangements, in a judgment that highlights the risks created when financiers and suppliers rely...

#commodity finance#counterparty risk#Court of Appeal

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