Secret million-dollar settlement in fraud case

Asian company withdrew charges of systematic fraud against Danish billion-dollar company – but only after receiving a generous compensation.
This picture is generic and is not related to the case
This picture is generic and is not related to the case
BY OLE ANDERSEN and JESPER HØBERG

A Danish oil company suspected of comprehensive delivery fraud has signed a secret million-dollar settlement with a major long-term Asian customer, several sources familiar with the proceedings tell ShippingWatch and Danish business media Finans.

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