Financial Crime Financial Crime

BSG Resources wins loosening of freezing order imposed after Vale arbitration win

By Annie Robertson
  • 28 Feb 2020 13:14
  • 28 Feb 2020 13:54
Mining company BSG Resources has won a court bid to vary a global freezing order made against it in the wake of corruption allegations by Brazilian mining giant Vale.

Last April, Vale won an arbitration award of $1.25 billion against its rival after claiming that BSG Resources’ payment of bribes had butchered a

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