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Tag: Mongolia

Posted on December 13, 2024

Trafigura reports 62% profit drop as Mongolia fraud investigation continues

Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based giant …
Posted on December 13, 2024

Trafigura reports 62% profit drop as Mongolia fraud investigation continues

Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based giant …
Posted on December 13, 2024

Trafigura profit drops 62% after ‘massive problem’ in Mongolia

The company reported a sharp drop in profit as it took $1.1 billion in losses related to alleged employee misconduct in its Mongolian oil business.
Posted on December 13, 2024

Trafigura profit drops 62% after ‘massive problem’ in Mongolia

The company reported a sharp drop in profit as it took $1.1 billion in losses related to alleged employee misconduct in its Mongolian oil business.
Posted on December 13, 2024

Trafigura net profit, equity drops after Mongolia fraud

Global commodity trading house Trafigura saw a sharp drop in its earnings for 2024 and has revised down its equity and profits for previous years after it discovered a billion-dollar oil fraud in …
Posted on December 13, 2024

Trafigura net profit, equity drops after Mongolia fraud

Global commodity trading house Trafigura saw a sharp drop in its earnings for 2024 and has revised down its equity and profits for previous years after it discovered a billion-dollar oil fraud in …
Posted on December 13, 2024

World Bank Reports Outline Strategies for Strengthening Mongolia’s Financial and Private Sectors

The first report, Building the Foundations for Financial Sector Development, identifies key reforms to address vulnerabilities in Mongolia’s banking sector and foster broader market development.
Posted on December 13, 2024

World Bank Reports Outline Strategies for Strengthening Mongolia’s Financial and Private Sectors

The first report, Building the Foundations for Financial Sector Development, identifies key reforms to address vulnerabilities in Mongolia’s banking sector and foster broader market development.
Posted on December 13, 2024

Profits at Commodity Trader Trafigura Tumble Amid Mongolia Fraud

Trafigura saw its net profit for the financial year 2023/2024 ended on September 30 plunge by 62% as the commodity trading giant recorded a loss of $1.1 billion related to serious misconduct by …
Posted on December 13, 2024

Profits at Commodity Trader Trafigura Tumble Amid Mongolia Fraud

Trafigura saw its net profit for the financial year 2023/2024 ended on September 30 plunge by 62% as the commodity trading giant recorded a loss of $1.1 billion related to serious misconduct by …

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