Indian businessman Gupta to challenge freezing order in Trafigura fraud case

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 24 (Reuters) - Indian businessman Prateek Gupta plans to challenge a $625 million global freezing order on him and his firms imposed by a London court, a spokesperson said on Friday.


Trafigura, which sought the order, said on Feb. 9 that it had booked a $577 million charge relating to what it alleges is "systematic fraud" by Gupta's companies over nickel cargoes. (Reporting by Eric Onstad; Editing by Jon Boyle)

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