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Ferrexpo bank accounts frozen over alleged royalty underpayment

Ukrainian courts have frozen the bank accounts of a Ferrexpo subsidiary as part of an investigation into the alleged underpayment of iron ore royalties.

Ferrexpo bank accounts frozen over alleged royalty underpayment Ferrexpo bank accounts frozen over alleged royalty underpayment Ferrexpo bank accounts frozen over alleged royalty underpayment Ferrexpo bank accounts frozen over alleged royalty underpayment Ferrexpo bank accounts frozen over alleged royalty underpayment

Ferrexpo, which produces high-grade iron ore pellets from operations in central Ukraine, has received notification in Ukraine of a court order issued at the request of the country's prosecutor to