REFILE-Mauritian regulators examine Silver Bank in wake of Trafigura nickel fraud case -FT

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Corrects to change day in first paragraph to Tuesday from Monday and add FT as source in headline) Feb 21 (Reuters) - Mauritian regulators are examining Silver Bank, whose majority owner has links to the alleged perpetrator Prateek Gupta of the $577 million nickel scam revealed this month by commodities giant Trafigura Group, the Financial Times reported on Tuesday.


A director at Silver Bank and a director at its sole shareholder have both previously worked for Indian businessman Prateek Gupta, the report said, citing documents seen by the Financial Times.
(Reporting by Sneha Bhowmik in Bengaluru; Editing by Tom Hogue)

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