Gang of con men
rip off shipping
company for
millions
London-based city trader
Luis Nobre was part of
a gang of con men who
scammed the equivalent
of more than R1.5 billion
from Dutch international
shipping firm Allseas
Group in 2011 – claiming
that they would receive
billions of dollars
working with him and
his associates.
Shipping the most
corrupt industry
Alexandra Wrage,
the president and
founder of anti-bribery
compliance expert
Trace International, has
warned that shipping has
become the most corrupt
industry in the world.
New platform
launched – FTW
Online
Now in its 17th year,
FTW Online has become
a leading news service
for the import and export
trade.
VW emission
scandal – SA’s
production plans
‘unaffected’
Volkswagen South Africa
(VW SA) has a “huge
expansion programme” in
the Eastern Cape, which
will not be affected by the
global emissions scandal
that broke in the United
States last week.
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