Singapore, HSBC

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.
Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn
Octogenarian Lim Oon Kuin handed long jail term as ‘deterrent’ in city-state’s fight against commodity trading corruption
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
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.
Business Times3h
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 Singapore43m
Daily Cuts - Why Singapore's key exports fell worse than expected in October
Singapore Today's Lance Alexander and Daniel Martin speak with Yeap Jun Rong, Market Strategist, IG Asia, about why Singapore ...
Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to ...
A Singapore oil magnate faces prison in a major fraud case over financing trade
A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub.
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 ...
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 ...
Barron's1d
Disgraced Singapore Oil Tycoon To Be Sentenced For Fraud
The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of ...
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 ...
A millennial couple in Singapore spent 8 months turning a rundown unit into their dream home. Take a look inside.
The couple told BI that they viewed 20 different places before buying the first floor of a 1950s house for about $1.34 ...
Singapore, state-of-the-art submersibles and Sylvia Earle’s depth-defying dream
Renowned US marine biologist Sylvia Earle has a vision of Singapore as a hub for groundbreaking underwater exploration.
Singapore Home Sales Reach 11-Month High as Demand Returns
Singapore home sales rose to the highest level in nearly a year, after developers released more inventory in suburban ...
Singapore’s ruling PAP turns 70: Can its dominance last?
Amid rising living costs and shifting voter sentiments, the People’s Action Party faces unprecedented challenges on its 70th ...