Mizuho $126m credit to Radiant World was secured by allegedly invalid invoices, documents show
What it is about
Who published it, and when
How it spread - 5 original reports
Sat, 12 September 2026
1 report- asiaone.com05:11first to report
SINGAPORE — Mizuho Bank provided some US$100 million (S$126 million) in credit to Radiant World in June which was secured by invoices that a counterparty to the iron ore trader later said were invalid, according to documents and a source with direct knowledge of the matter.Radiant World did not respond to Reuters requests for comment on Friday.Details of the credit...
Wed, 16 September 2026
1 report- asiaone.com05:44
London-listed miner Glencore said on Tuesday (Sept 15) it had confirmed evidence that Radiant World and associated companies sent falsified invoices, contracts and fabricated emails purportedly from Glencore personnel to several financial institutions.The comments come over a month after Glencore said it had stopped all business and exited all obligations with the Singapore-based iron ore trader.Radiant World and Sapphire Minmetals,...
Wed, 23 September 2026
2 reports- Japan Times02:27
Details of the email exchange were outlined by Mizuho as part of a lawsuit in Singapore, where it has accused Radiant World of an alleged fraud.
- gtreview.com15:16
Until recently, the Radiant World group of companies was little known outside the world of iron ore trading. But in the last two months, the company has faced an onslaught of accusations from lenders that it issued fake invoices, alongside a breakdown of its once-close relationship with mining and trading giant Glencore. Radiant World has…
Thu, 1 October 2026
1 report- insurancejournal.com10:58
A US fund has filed a criminal complaint in Switzerland accusing Radiant World and related companies of fraud and money laundering, according to a US