Author Topic: Trader, bank probe missing grain in Ukraine, Russia  (Read 570 times)

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Offline SteveH

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http://www.kyivpost.com/news/business/bus_general/detail/92933/

I know there has been a Large influx of illusionists and magicians in Kiev and Ukraine lately,but Really;

 A Swiss grain trader said on Wednesday it had asked Ukraine to probe the disappearance of $30 million worth of grain stocks, a day after a French bank said it was investigating missing grain in neighbouring Russia.

"I have submitted complaints in Ukraine in September with the general prosecutor," Gran Trade director Olivier Broun told Reuters.
These concerned grain certificates for some 180,000 tonnes of feed grains worth nearly $30 million, he said.

Talk had circulated grain markets in recent days that several international banks, a certification company and a Russian grain firm were at the centre of an incident in which banks could have lost as much as $100 million with BNP Paribas shouldering the bulk of it with $80 million.