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Singapore court rules son of ex-PM Goh Chok Tong caused RM696 million in losses to fuel supplier company

The High Court has found Goh Jin Hian, a former director of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP), liable for breach of director’s duties, statutory duties and losses suffered by the firm amounting to US$146 million (S$196 million) plus interest.

Former IPP director Goh Jin Hian found liable for US$146 million in losses by company

"An honest and reasonably diligent director would have persisted and probed further," said the judge of Goh Jin Hian's lack of action amid the company's financial troubles.

Singapore Ex-PM s Son Found Liable for Millions Lost by Company

Singapore Ex-PM s Son Found Liable for Millions Lost by Company
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Former IPP director Goh Jin Hian liable for US$146 million losses suffered by company: High Court

Former IPP director Goh Jin Hian liable for US$146 million losses suffered by company: High Court
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