Singapore Hin Leong founder O.K. Lim sentenced to 17-1/2 years in jail, media reports
The founder of collapsed Singaporean oil trading firm Hin Leong Trading Pte Ltd was sentenced to 17-1/2 years in prison on Monday for cheating global bank HSBC and abetting forgery, local media reported.
Singapore oil tycoon OK Lim sentenced to nearly 18 years for cheating HSBC out of millions of dollars
Photo by Reuters His firm, Hin Leong Trading, was among Asia's biggest oil trading companies before its sudden and dramatic collapse in 2020.Sentencing him to 17 and a half years in jail, State Courts judge Toh Han Li said he agreed with the prosecution that the offenses had the potential to undermine confidence in Singapore's oil trading industry.
Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.
Former Singapore tycoon OK Lim gets 17-and-a-half years in prison for cheating HSBC out of US$111.7m
Lim Oon Kuin, the 82-year-old founder of the collapsed Singapore oil trading firm Hin Leong Trading, was today sentenced to 17-and-a-half years in prison
Hin Leong oil tycoon OK Lim, 82, sentenced to 17.5 years' jail
SINGAPORE: Lim Oon Kuin, the elderly founder of collapsed oil trading firm Hin Leong Trading, was on Monday (Nov 18) sentenced to 17-and-a-half years in jail in a cheating case involving at least US$111.
Hin Leong founder O.K. Lim gets 17½ years’ jail for cheating, forgery
It was “one of the most serious cases of trade financing fraud that have ever been prosecuted in Singapore”. Read more at straitstimes.com.
ESPN on MSN16m
Tsutomu Ogura focuses on positives after Singapore suffer shock loss in final ASEAN Championship warmup
Just four days, even though it arrived in unconvincing circumstances, Tsutomu Ogura was still able to savour the high of a ...
Channel NewsAsia Singapore26m
Singapore's NODX dips 4.6% in Oct due to fall in non-electronics exports
Singapore's October non-oil domestic exports declined by 4.6% on-year -- dragged mainly by non-electronic shipments. Exports ...
Carscoops5h
The BMW M4 CS Starts At Over $520,000 In Singapore
Singaporeans have to pay over $100,000 for a 10-year vehicle permit. Buying a regular Toyota Camry Hybrid in Singapore ...
Business Times5h
Singapore stocks fall after Wall Street sell-off; STI down 0.3%
SINGAPORE equities ended their three-day winning streak to finish Monday (Nov 18) lower, after a sell-off on Wall Street last ...
Channel NewsAsia Singapore59m
$3b money laundering case: $1.85b in assets surrendered by 15 suspects who fled Singapore
In Singapore's $3-billion money laundering case, 15 of the 17 foreign nationals who fled the country have agreed to ...
Singapore police work with partners to raise community preparedness: Faishal
Several security-related exercises in the community have been conducted by the Home Team since 2015. Read more at ...
U.S. News & World Report14h
Crypto Exchange OKX Launches Singapore Dollar Funds Transfer Service for Local Customers
Crypto Exchange OKX Launches Singapore Dollar Funds Transfer Service for Local Customers SINGAPORE (Reuters) - ...
Singapore’s Momo Film Co, Taiwan’s Aview Images Team on New Features from Nelson Yeo, Daniel Hui (EXCLUSIVE)
Taiwan production house Aview Images has struck a partnership with Singapore's Momo Film Co to co-produce features from ...
Singapore Writers Festival 2024: Closing debate on plastic ends event on a high
The annual festival debate, usually opening SWF, was this year shifted to mark the event’s closing. Read more at straitstimes ...
Channel NewsAsia Singapore1h
Football: Singapore lose 3-2 to Chinese Taipei in international friendly
Chinese Taipei are ranked 168th in the FIFA world rankings, six spots below the Lions. Singapore last faced Chinese Taipei in ...