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Singapore files 105 fresh charges against defunct oil trader Hin Leong founder
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Singapore files 105 new charges against oil trader Hin Leong founder O K Lim
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Asean News Headlines as at 8pm on Thursday (June 24)
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A DOT Marine Drops Off MPA Singapore Bunker List, Taking Total to 42
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(Bloomberg) A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade.Deloitte audited the books of Hin Leong Trading Ltd. for at least 16 years before the firm collapsed last year when founding tycoon Lim Oon Kuin admitted trading losses of $808 million weren’t reflected in the firm’s financial statements, according to a cou