CEO: Noble could have been more transparent earlier on

Singapore

NOBLE Group is doing the right thing, but it did not do it right. That was essentially what the commodities trader's chief executive officer Yusuf Alireza seemed to be acknowledging at a forum on Wednesday, in which he stood firm on its valuation methods but conceded that Noble could have been more transparent earlier on.

"In hindsight, I should have been more forceful with the board about supporting more transparency, because I think if we had more transparency up front we'd be less exposed," he said at a panel discussion in response t…