Fortescue hit with insolvent trading allegations

Liquidator for former contractor to probe iron ore miner over claims.

A liquidator will question senior Fortescue Metals Group Ltd executives over allegations of trading while insolvent, The Australian reports.

According to the newspaper, the allegations relate to the period last year when Fortescue's shares were affected by the falling iron ore price, which it is claimed saw the miner terminate an $8 million contract with Fuel-Sys Installations.


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