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Singapore adds charges against Hin Leong s founder oil trader OK Lim
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Singapore adds 105 charges against oil trader Hin Leong founder O K Lim
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Singapore freezes US$3.5bn of global Lim family assets
Bloomberg
Singapore’s High Court approved a request to freeze as much as US$3.5 billion of assets worldwide belonging to the founding family of collapsed oil trader Hin Leong Trading Pte Ltd (興隆貿易) in a move that might be one of the biggest such injunctions in the city-state’s history.
Lim Oon Kuin (林恩強) and his family are to be asked by lawyers representing liquidator Goh Thien Phong (吳天芳) to disclose their assets to the court in the next few days, according to an e-mail seen by Bloomberg News that was sent to creditors on Friday to inform them of the judgement.
Hin Leong s judicial managers win bid to freeze Lim family s global assets | Hellenic Shipping News Worldwide
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More charges filed against Hin Leong founder OK Lim Toggle share menu
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More charges filed against Hin Leong founder OK Lim
Hin Leong Trading s founder Lim Oon Kuin arrives at the State Courts, in Singapore on Apr 30, 2021. (Photo: REUTERS/Edgar Su)
30 Apr 2021 10:52AM (Updated:
30 Apr 2021 11:24AM) Share this content
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SINGAPORE: Another 23 charges were filed in court on Friday (Apr 30) against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading.
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Lim turned up in court on Friday after three previous attempts by the prosecution to get him to appear in court for the additional charges to be read out to him.