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2021-03-30
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Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor
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Lim faces another 23 forgery-related charges - prosecutor","url":"https://stock-news.laohu8.com/highlight/detail?id=2123126131","media":"Reuters","summary":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Tr","content":"<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. 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Lim faces another 23 forgery-related charges - prosecutor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-30 11:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a2b8c3b51114fd73abb93d39ddbf6e91","relate_stocks":{"DUG":"二倍做空石油与天然气ETF(ProShares)","DDG":"ProShares做空石油与天然气ETF","UCO":"二倍做多彭博原油ETF","SCO":"二倍做空彭博原油指数ETF","USO":"美国原油ETF","DWT":"三倍做空原油ETN"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123126131","content_text":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.\nThe 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.\nThe Singapore Attorney-General's Chambers confirmed the prosecutor's comments.\nThe Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.\nLast year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.\nOwned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once one of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.\nAccounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.\nHin Leong entered court restructuring last year and was wound up in March.\n(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)\n((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/355227221"}
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