Four Arrested as UK, Dutch Authorities Launch Joint Biodiesel Investigation
(Reuters) Four people were arrested and addresses raided in Britain, the Netherlands and Belgium in a joint Anglo-Dutch investigation into biodiesel trading at British road fuel supplier Greenergy, the UK’s Serious Fraud Office (SFO) said on Thursday.
The SFO said the individuals had been released without charge and that five British sites were among those searched on April 30 in an investigation into Greenergy and unidentified third parties.
Greenergy, which is majority-owned by private equity company Brookfield Business Partners and 15% management-owned, said it had only become aware of the inquiry into aspects of its biodiesel trading business and other parties on April 30. READ MORE
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