Key Trader in Trafigura's Nickel Nightmare Joins Abu Dhabi's IRH
Abu Dhabi's International Resources Holding has hired Harshdeep Bhatia, a former Trafigura Group trader who led the company's relationship with the man it accuses of perpetrating a massive nickel fraud against it.
Bhatia has joined IRH as head of base metals, according to people familiar with the matter, as the company and its parent conglomerate push ahead with an acquisition spree in metals and mining. He left Trafigura in early 2023 after the trading house revealed it had lost more than $500 million following its purchase of nickel cargoes that didn't contain the metal.
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