BP Singapore Oil Traders Leave After Probe on Disputed Deals
- Four employees on the crude team have been on leave since July
- Their names were listed in court filings over suspicious deals
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Four members of BP Plc’s Singapore-based crude oil trading team left the company this week after more than two months of internal investigations into their involvement in several disputed deals, said people with knowledge of the situation.
A manager in BP’s Asia trading team, two oil traders and an originator were placed on leave in July after their names were mentioned in court documents filed by banks that alleged suspicious transactions between other trading houses. They left the company on Sept. 30, said the people, who asked not to be identified as the information is private.