Advertisement
Singapore markets closed

  • Straits Times Index

    3,338.57
    +5.77 (+0.17%)
     

  • S&P 500

    5,454.18
    -6.30 (-0.12%)
     

  • Dow

    39,068.22
    -50.64 (-0.13%)
     

  • Nasdaq

    17,749.45
    +16.85 (+0.10%)
     

  • Bitcoin USD

    62,766.64
    +1,311.66 (+2.13%)
     

  • CMC Crypto 200

    1,301.69
    -0.38 (-0.03%)
     

  • FTSE 100

    8,181.84
    +17.72 (+0.22%)
     

  • Gold

    2,332.30
    -7.30 (-0.31%)
     

  • Crude Oil

    81.87
    +0.33 (+0.40%)
     

  • 10-Yr Bond

    4.4710
    +0.1280 (+2.95%)
     

  • Nikkei

    39,631.06
    +47.98 (+0.12%)
     

  • Hang Seng

    17,718.61
    +2.11 (+0.01%)
     

  • FTSE Bursa Malaysia

    1,598.20
    +8.11 (+0.51%)
     

  • Jakarta Composite Index

    7,139.63
    +76.05 (+1.08%)
     

  • PSE Index

    6,398.77
    -13.14 (-0.20%)
     

Olam Group says its probe found no involvement of unit in Nigeria forex fraud

Reuters SG

Feb 19 (Reuters) - Singapore's Olam Group said on Monday its investigation team did not identify any evidence that its Nigeria unit was involved in an alleged multi-billion dollar foreign exchange fraud.

Last year, The Daily Nigerian and Prime Business Africa reported that Nigeria's secret police was investigating the company's units, Olam Nigeria and Olam International, and their associate firms for a more than $50 billion foreign exchange fraud. (Reporting by Poonam Behura; Editing by Himani Sarkar)