Singapore police begin looking into iron ore trader Radiant World after receiving reports about the company, a spokesperson says. The investigation is underway as authorities assess the allegations.
Multiple outlets report that the Singapore probe is part of wider scrutiny involving other authorities. Free Malaysia Today says the police action runs alongside an investigation by the U.S. Department of Justice into transactions involving Radiant World. Bloomberg reports only the Singapore police review and does not detail any U.S. action, while the Malaysian outlet adds that parallel inquiries are being conducted in the United States.
The company and the specific transactions at the center of the reviews are not described in the provided reports, and the scope and status of the investigations are not further specified. Authorities continue to assess information relevant to their respective mandates.
