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Pressure mounts on USTC owner after bankruptcy in environmental scandal

Denmark’s prime minister has harshly criticized Bunker Holding’s owner Torben Østergaard-Nielsen for letting a subsidiary go bankrupt and disclaiming responsibility.
"This is an extraordinary event. It has never happened before in Denmark," said prime minister Mette Frederiksen as she surveyed the area with a huge landslide threatening the aquatic environment and a Danish provincial town.
"This is an extraordinary event. It has never happened before in Denmark," said prime minister Mette Frederiksen as she surveyed the area with a huge landslide threatening the aquatic environment and a Danish provincial town.
by FREDERIK TIMM BENTSEN, DAG HOLMSTAD, SIMONE JAROLICS

Criticism continues to rain down on oil billionaire Torben Østergaard-Nielsen and his United Shipping and Trading Company (USTC), which owns the world’s largest bunker supplier Bunker Holding.

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