Singapore Court Grants Asset Freeze Against Radiant World at Jefferies Fund's Request

Deep News

4 hours ago

According to sources familiar with the matter, a fund managed by Jefferies Financial Group Inc. has secured an asset freeze order in Singapore against Radiant World and its founder Pinkesh Nahar. The ruling was issued during a closed-door hearing on Wednesday in Singapore, following the fund's earlier success in obtaining a worldwide asset freeze order from the High Court in London against the same parties. Media reports indicate that the fund has initiated legal proceedings in London seeking $500 million in damages, alleging that Radiant World fabricated iron ore invoices as part of a "fraudulent scheme."

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The ruling was issued during a closed-door hearing on Wednesday in Singapore, following the fund's earlier success in obtaining a worldwide asset freeze order from the High Court in London against the same parties. 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The ruling was issued during a closed-door hearing on Wednesday in Singapore, following the fund's earlier success in obtaining a worldwide asset freeze order from the High Court in London against the same parties. Media reports indicate that the fund has initiated legal proceedings in London seeking $500 million in damages, alleging that Radiant World fabricated iron ore invoices as part of a \"fraudulent scheme.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"","article_id":"1154737054","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154737054","pubTimestamp":1789014679,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"According to sources familiar with the matter, a fund managed by Jefferies Financial Group Inc. has secured an asset freeze order in Singapore against Radiant World and its founder Pinkesh Nahar. 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