Singapore police raid Radiant World office as probe widens

The move is part of an investigation into the company's transactions after some counterparties raised concerns about allegedly falsified documents.

Singaporean police raided the local office of iron ore trader Radiant World last week and questioned some of the firm’s employees, according to people familiar with the matter, part of an investigation into the company’s transactions after some counterparties raised concerns about allegedly falsified documents. Several

Federal Police raided Campo Grande's municipal pension institute, a city secretariat and suspects' homes over roughly US$233,000 in municipal pension money placed in liquidated Banco Master. The raid is part of a national sweep of pension funds that invested in the failed bank.