By Martin Coyle ( September 12, 2022, 13:11 GMT | Insight) -- Four former senior executives at Balli Steel, the collapsed Anglo-Iranian commodities trader, “robbed Peter to pay Paul” as part of a fraud that saw five trade finance banks lose $150 million, prosecutors told a London court today.Four former senior executives at Balli Steel, the collapsed Anglo-Iranian commodities trader, “robbed Peter to pay Paul” as part of a fraud that saw five trade finance banks lose $150 million, prosecutors told a London court today....
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