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Jefferies Fund Seeks Radiant World Asset Freeze in Singapore
Source: Bloomberg
Legal & LitigationCommodities & Raw MaterialsCompany Fundamentals
A fund managed by a Jefferies Financial Group subsidiary is seeking a Singapore freezing injunction against iron ore trader Radiant World and founder Pinkesh Nahar. The action follows a UK court's worldwide freezing order secured days earlier, escalating legal pressure and potentially restricting the trader's access to assets and liquidity.
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