News
20 May 2024

US Exim audit raises concerns over Trafigura due diligence

In:
Oil & gas
Region:
Americas

The Office of Inspector General (OIG) has raised concerns over US Exim's due diligence procedures after it ignored warnings around its 2023 financing for Trafigura. OIG informed US Exim in 2022 that Trafigura was under investigation for corruption both in the US and abroad but in spite of...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
05 May 2026

Glencore scales new peaks with Project Matterhorn

Glencore has entered the securitisation market for the first time with an industry-leading receivables transaction. The challenges involved were significant, even for a...

Video
05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of...