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Mizuho Files Case Against Radiant World in Singapore Court
Mizuho Bank is seeking an injunction as insolvency concerns deepen after reports that at least five banks were told some invoices were not genuine.
Summary by The Japan Times
4 Articles
4 Articles
The Japan TimesReposted by 
The Straits Times
The Straits TimesMizuho files case against Radiant World in Singapore court
Some banks have frozen Radiant World's accounts and trading houses have severed ties on concerns the commodity trader had supplied invalid invoices to raise financing.
·Chiyoda, Japan
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Mizuho Bank files case against Radiant World in Singapore
SINGAPORE — Japan's Mizuho Bank Ltd has filed a case against the Singapore operating entity of iron ore trader Radiant World in the city-state's Supreme Court, according to the court's website.Mizuho Bank, the banking unit of Mizuho Financial Group, is seeking an injunction against Radiant World Corporation, a court listing showed. Reuters could not find any other instance of public legal action by a Radiant World creditor.Some banks have frozen…
·Singapore
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Coverage Details
Total News Sources4
Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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