SINGAPORE (AFP) – A Malaysian businessman convicted of masterminding a stock scam that wiped USD5.8 billion off Singapore’s exchange was sentenced yesterday to 36 years in jail by a court in the city-state. John Soh Chee Wen orchestrated the scheme, according to court documents, and his accomplice, Singaporean Quah Su-Ling, was also given a 20-year […]
Business News - Prosecutors are asking for a jail sentence of 40 years for John Soh Chee Wen, the mastermind of Singapore’s biggest case of stock market manipulation, that wiped out nearly $8 billion in market capitalisation in October 2013. A sentence of 19½ years’ jail is sought for. Read more at www.tnp.sg