Noble Group Rescue Thrown Into Doubt by Singapore Probe

Noble Group Ltd. is being investigated by three Singaporean agencies, including a white collar-crime police criminal probe, for “suspected false and misleading statements” and breaches of disclosure requirements, more than three years after a whistle-blower questioned the company’s accounting.

The commodity trader is just days away from completing a $3.5 billion debt restructuring that would have staved off bankruptcy after years of crisis triggered by Iceberg Research’s claims that the company inflated profits. Singapore’s market regulator says the revamp is now dependent on its review of the probe by the three agencies, though it remains unclear whether it’ll delay the deal.