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Director of two firms under nickel trading probe tells investors he will try to return their money
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Envy Global Trading is a commodities trader specialising in physical nickel and futures trading while Envy Asset is no longer active.
PHOTO: REUTERS
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SINGAPORE - The director of two firms being probed for alleged fraud related to nickel trading told investors at a 10-minute webcast meeting on Wednesday (March 3) that he will try to return them all their money.
As the firms' bank accounts in Singapore have been frozen by the police, Mr Ng Yu Zhi told investors he is trying to arrange for funds to be moved here from an overseas bank account, investors told The Straits Times.
