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Old 24-06-2021, 08:50 PM
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Thumbs up [hin liao hin liao] Singapore files 105 new charges against oil trader Hin Leong foun

An honorable member of the Coffee Shop Has Just Posted the Following:




SINGAPORE — Singapore's public prosecutor on Thursday (June 24) filed an additional 105 charges against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading, relating to US$2.23 billion (S$2.99 billion) in fraudulent disbursements.

Hin Leong, one of Asia's largest oil traders, was wound up in March after failing to restructure some US$4 billion in debt following a crash in the oil price during the coronavirus pandemic that exposed...

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