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View Full Version : UPDATE 1-OW Bunker says at risk of bankruptcy after discovering fraud - Reuters UK



FraudNews
11-06-2014, 11:45 AM
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UPDATE 1-OW Bunker says at risk of bankruptcy after discovering fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH44Li-EpjomVLjOy7lwHbZCn5ImQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778649651931&ei=YW1bVODoJoyrwAGjxYHoDQ&url=http://uk.reuters.com/article/2014/11/06/ow-bunker-fraud-idUKL6N0SW1VP20141106)
Reuters UK
COPENHAGEN, Nov 6 (Reuters) - Danish shipping fuel supplier OW Bunker A/S has warned it is at risk of bankruptcy after discovering fraud by unnamed senior employees in its Singapore-based subsidiary which will send it deep into the red this year.
OW suffers $125m fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEEytc-7lb5phcRaT1ZvCeggriq1g&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778649651931&ei=YW1bVODoJoyrwAGjxYHoDQ&url=http://www.tradewindsnews.com/finance/348129/OW-suffers-125m-fraud)TradeWinds
OW Bunker's Dynamic Oil Trading hit by $125m fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFMiEd1wMs6fjrV1BuquBsHtE6QqA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778649651931&ei=YW1bVODoJoyrwAGjxYHoDQ&url=http://www.seatrade-global.com/news/asia/ow-bunkers-dynamic-oil-trading-hit-by-$125m-fraud.html)Seatrade Global
OW Bunker in fraud case of USD 125 mln (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHyTQL4i7Z7k3zFqDf9G84JqvQJhA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778649651931&ei=YW1bVODoJoyrwAGjxYHoDQ&url=http://shippingwatch.com/Services/article7179670.ece)ShippingWatch UK (subscription)
Channel News Asia (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFYI5CznODHeN7GmM-ri3JTWn30Yw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778649651931&ei=YW1bVODoJoyrwAGjxYHoDQ&url=http://www.channelnewsasia.com/news/business/danish-firm-ow-bunker/1456202.html) -Daily Mail (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGDRbSrYnCtx_Yj1CzrFfXX9QV_rQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778649651931&ei=YW1bVODoJoyrwAGjxYHoDQ&url=http://www.dailymail.co.uk/wires/reuters/article-2823191/OW-Bunker-says-risk-bankruptcy-discovering-fraud.html)
all 40 news articles » (http://news.google.co.za/news/more?ncl=dTI9I6j66w-X5uMZVZVyUxd3g6iTM&authuser=0&ned=en_za)





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