Friday, February 27, 2009

Former Mitsui oil trader gets 5 years imprisonment for concealing loss

Noriyuki Yamazaki, ex-Mitsui oil trader has been sentenced to five years in Singapore jail for concealing losses worth US$81 mln after erroneous trading bets in 2006. Yamazaki pleaded guilty last weekk to falsifying documents, which were used by another department to prepare the estimated daily losses and gains.

For more details on Former Mitsui oil trader gets 5 years imprisonment for concealing loss click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: