LONDON : A London court is due to hold a hearing on Friday about a $625 million global freezing order imposed on Indian businessman Prateek Gupta and a web of firms he controls.Trafigura, which sought the order, said on Feb. 9 that it had booked a $577 million charge relating to what it alleges is 'system
LONDON : A London court is due to hold a hearing on Friday about a $625 million global freezing order imposed on Indian businessman Prateek Gupta and a web of firms he controls.
A lawyer in Singapore representing Gupta and one of his companies has previously declined to comment, saying his client would respond in court.A High Court judge in London imposed a freezing order on bank accounts and other assets tied to Gupta and seven Gupta-controlled companies, including those in Britain, Singapore, Malaysia and Switzerland, which was dated Feb. 8.
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