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Reported fraud at S'pore unit leaves OW facing bankruptcy

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A worker of Danish ship fuel supplier OW Bunker walking in front of oil and chemical tanker OW Aalborg in Copenhagen. Alleged fraud at its Singapore subsidiary as well as a significant risk management loss have left key marine fuel supplier OW Bunker (OW) facing possible financial collapse.

Singapore

ALLEGED fraud at its Singapore subsidiary as well as a significant risk management loss have left key marine fuel supplier OW Bunker (OW) facing possible financial collapse.

Following its report on Thursday of a fraud case at its Singapore unit, the Denmark-based group...

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