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Deloitte sued over alleged role in Singapore trader’s $4.5b collapse – The Australian Financial Review

Failed oil dealer Hin Leong Trading, which owes billions of dollars, alleges the auditing firm did not detect ‘serious irregularities’…

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A hearing is set for next week in the case.
Wrong-way bets
The oil trading firm began to unravel last year following wrong-way energy bets that eventually led to one of the biggest collapses ever in the Asian city-state. The trading losses triggered demands…

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