Mizuho, Incomlend file court claims against embattled Radiant World
Mizuho and Incomlend filed legal claims against commodity trader Radiant World in Singapore. Mizuho sought an injunction, while Incomlend claimed US$34mn. Radiant World faces allegations of submitting fake invoices, with multiple lenders affected. Deutsche Bank and KBC froze some accounts, and Intesa Sanpaolo reported a €200mn exposure. Radiant World denies wrongdoing and asserts normal operations.





