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ING-led banks win access to Citi accounts linked to failed Agritrade

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Published Wed, Sep 16, 2020 · 09:50 PM

    Singapore

    A GROUP of banks led by ING Groep won a court order compelling Citigroup and Sumitomo Mitsui Financial Group to reveal account details linked to failed commodities firm Agritrade International.

    The Singapore ruling makes the two lenders share client names, bank statements and fund transfer instructions, according to court documents obtained by Bloomberg News. The information obtained from the banks may only be used for legal proceedings, according to the Aug 17 order.

    Agritradejudicial management

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