Tuesday, 22 March 2011
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Some Cocoa Traders May Pay Export Taxes to Gbagbo, Financial Times Reports
Some cocoa traders are willing to pay export taxes to the regime of Ivory Coast President Laurent Gbagbo on concerns Gbagbo $ 1,300,000,000 expropriate the value of stocks of cocoa if making payments to the end of March the Financial Times.
Noble Group Ltd. (NOBL) plans to pay the taxes, the Financial Times also reported, quoting CEO, Ricardo Leiman. Noble later clarified that the shares of the company is guided by legal advice, the FT said.
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