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Mercuria files case against Turkish firm over copper deal

    LONDON, March 9 (Reuters) – Mercuria Energy Trading has launched a civil suit against a Turkish firm over what the global commodity trading firm’s lawyer described as fraud related to a deal to buy copper worth $36 million.

    Last year, Geneva-based Mercuria agreed to buy about 10,000 tonnes of copper blister, an impure form of the metal, for delivery to China.If you cherished this short article and you would like to acquire much more details regarding Lawyer Law Firm Turkey kindly go to our own web site. About 6,700 tonnes of the total was loaded for shipment in containers on eight vessels.

    When the first shipment was opened in China with other cargoes still on the way, Chinese inspectors found paving stones not copper, Mercuria’s Lawyer in istanbul Sinan Borovali from KYB Law said.

    Mercuria had already paid for 90% of the cargoes loaded for shipment, the Lawyer Turkish said.

    Mercuria filed a civil suit for a debt claim in Turkey and filed a report for theft and Lawyer Law Firm Turkey fraud with the Turkish prosecutor’s office.The lawyer said 14 people had been taken into custody after a police investigation.

    Bietsan Bakir, the Turkish firm which sold Mercuria the copper, Lawyer Law Firm Turkey and the police did not respond to requests for Turkish Lawyer Law Firm Turkish Law Firm comment.

    (Reporting by Julia Payne and Tom Daly; Additional reporting by Ezki Erkoyun and Ali Kucukgocmen in Istanbul; Editing by Edmund Blair)

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