The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

ING-led banks win access to Citi accounts linked to failed Agritrade

Published Wed, Sep 16, 2020 · 09:50 PM
Share this article.

Singapore

A GROUP of banks led by ING Groep won a court order compelling Citigroup and Sumitomo Mitsui Financial Group to reveal account details linked to failed commodities firm Agritrade International.

The Singapore ruling makes the two lenders share client names, bank statements and fund transfer instructions, according to court documents obtained by Bloomberg News. The information obtained from the banks may only be used for legal proceedings, according to the Aug 17 order.

KEYWORDS IN THIS ARTICLE

judicial management

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here