SINGAPORE (Reuters) -The 81-year-old founder of collapsed oil trading firm Hin Leong Trading Pte Ltd went on trial in Singapore on Tuesday accused of forgery and cheating HSBC out of $111.7 million. | 06:09am
(April 11): Singapore businessman Lim Oon Kuin is on trial on Tuesday for three charges related to cheating and forgery, after his collapsed oil firm Hin Leong Trading Pte Ltd owed about US$3.5 billion to banks. He pleaded not guilty.