Feb 27 (Reuters) - Global commodity trader Trafigura
Group sold nickel cargoes that did not contain the metal to a
U.S. trade finance company and two state-owned companies in
China and Indonesia, Bloomberg News reported on Monday citing
court filings.
Earlier this month, Trafigura said it booked a $577 million
charge relating to what it alleges was "systematic fraud" over
nickel cargoes.
(Reporting by Deep Vakil in Bengaluru; Editing by Chris Reese)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.