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Two cases against Trafigura on suspicious payments
This year, Saint Nicholas once again generously distributed gifts to all the well-behaved children. The minority shareholders of Nyrstar,...
Dec 6, 20232 min read


Trader Trafigura Targeted by US and Swiss Over Corruption
illustration Summary : Swiss prosecutors have formally charged Trafigura and former COO Mike Wainwright for bribery related to shipping...
Dec 6, 20231 min read


Trafigura accused of multimillion trading cover-up in London’s High Court
illustration Summary : In an explosive legal twist, Indian businessman Prateek Gupta—accused by Trafigura of defrauding the company in a...
Dec 5, 20231 min read


Biocartis: shareholders resist ‘expropriation’
Biocartis is yet another Belgian listed company in trouble that is disappearing from the Brussels stock exchange, at a time when the...
Oct 12, 20232 min read


Von der Leyen: 'Europe opens subsidy investigation into electric cars from China'
“From wind to steel, from batteries to electric vehicles — our ambition is crystal clear: the future of our clean tech industry must be...
Sep 13, 20232 min read


Accounting firms accused of ‘operating with impunity’ as regulator flags growing number of flawed audits
Investigative journalism by the International Consortium of Investigative Journalists (ICIJ) shows that (i) US regulators are...
Aug 1, 20231 min read


Audit firms fight to block expansion of fraud detection role
The US is preparing new rules to increase the responsibility of audit firms with respect to corporate fraud. These new rules would widen...
Jul 31, 20232 min read


Shareholders Can Block Sale of Crown Jewels
As a result of our battle against the allegedly fraudulent restructuring (read: "acquisition") by Trafigura of Nyrstar , minister of...
Jul 20, 20232 min read


Shareholders can stop sale of crown jewels
The federal government is tightening rules on the sale of significant assets and corporate governance at listed companies. Very nice to...
Jul 20, 20231 min read


Netherlands Breaks with Self-Regulation in Legal Profession
In the Netherlands, a break is being made with corporatist oversight in the legal profession:“Oversight of the legal profession is being...
Jun 29, 20231 min read


Approach between parties in Nyrstar case comes to an abrupt end
At Nyrstar’s annual general meeting, the masks came off. Nyrstar’s proposal to nominate Mr. Taeymans as an independent director, along...
Jun 27, 20232 min read


Second group of Nyrstar shareholders takes legal action
Here is some more colour to support my statement that the Nyrstar General Meeting was a demonstration of malgoverno. The Board of...
Jun 25, 20232 min read


Safer to Steal with a Pen than with a Gun?
When insiders quietly hollow out a firm for their own gain, economists call the practice “tunnelling.” It seldom resembles daylight...
Apr 24, 20231 min read


What Actually Works in Securities Law? A Global Perspective
Why do some countries attract deep, active equity markets, while others struggle to build investor trust? A landmark study by economists...
Apr 24, 20232 min read


How a Brazen Plot to Rig Oil Auctions Cost Venezuela Billions
© IkerAlex10 Summary : This investigative deep dive reveals how Venezuela’s state oil company, PDVSA, lost billions through a...
Apr 21, 20231 min read


Trafigura: the 10-day unravelling of an alleged $500mn fraud
Nickel Summary : This gripping exposé details Trafigura’s $577 million loss in a massive alleged fraud involving Indian tycoon Prateek...
Feb 27, 20231 min read


Nyrstar minority shareholders in Cassation against Court of Appeal ruling
The group of minority shareholders of Nyrstar NV, represented by RSQ Investors, has decided to appeal in cassation against the ruling of...
Feb 10, 20233 min read


Trafigura hands out $1.7bn in dividends on profits fuelled by Ukraine war
© Nils Mulvad - creative commons Summary : In the wake of Russia’s invasion of Ukraine and ensuing energy market chaos, Trafigura...
Dec 8, 20221 min read


Where is the moral indignation about the Nyrstar case?
While Trafigura ransacks and incorporates Nyrstar, a jewel in our industrial crown, everyone stands by and watches. The Turnhout...
Jul 26, 20223 min read


Trafigura slams the door in the face of IBI World
illustration Summary : This article recounts how Trafigura blocked accredited journalists from IBI World and Gli Stati Generali from...
Jul 4, 20221 min read
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