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Trial of oil firm begins today

A Lagos High Court in Ikeja will today begin the trial of how an international firm, Trafigura Baheer BV, and its Nigerian counterpart, Trafigura PTE Ltd, allegedly defrauded┬áNigerian companies in a 10,000 metric tonnes of Automotive Gas Oil worth N200 million, which reportedly led to the bankruptcy of Spring Bank, the financial institution that financed […] …