Trafigura asks to subpoena banks in search for lost nickel funds
Trafigura is still chasing down the funds almost two years after news broke that it was on the hook for almost $600 million.
The US on Wednesday asked the Mexican government to conduct a review based on a US finding that workers’ rights were denied at Industrias Penoles’ Tizapa mine, the US Labor Department and the US Trade Representative’s office said.
The US agencies said the request under the USMCA trade pact follows a March 4 petition filed by the Los Mineros labor union alleging Industrias Peñoles violated workers’ freedom of association and collective bargaining rights at the company’s Tizapa mine in Zacazonapan.
(By Paul Grant; Editing by Eric Beech)
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