What is the main topic?

The main topic is Trafigura's announcement that no bank lenders lost money in the $1.1 billion Mongolia fraud.

Who absorbed the losses from the fraud?

Trafigura's shareholders absorbed all the financial losses from the fraud.

Where was the announcement made?

The announcement was made at the FT Commodities Summit.

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Home > Finance > Trafigura says no bank lender lost money as a result of Mongolia fraud

Finance

Trafigura says no bank lender lost money as a result of Mongolia fraud

Published by Global Banking & Finance Review®

Posted on March 25, 2025

1 min read

Last updated: January 24, 2026

Trafigura says no bank lender lost money as a result of Mongolia fraud - Finance news and analysis from Global Banking & Finance Review

Trafigura says no bank lender lost money as a result of Mongolia fraud

Quick Summary

Trafigura Confirms No Bank Losses from Mongolia Fraud Incident

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