105 More Charges for Hin Leong Founder OK Lim shipandbunker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shipandbunker.com Daily Mail and Mail on Sunday newspapers.
Singapore Court Approves $3.5 Billion Asset Freeze for Hin Leong Founder
by Ship & Bunker News Team
Monday May 24, 2021 A $3.5 billion owned by Singapore s High Court accepted a request for the asset freeze on behalf of the company s liquidators on Friday, news agency
Reuters reported on Monday, citing comments from the liquidators. The liquidators now plan to require the Lim family to disclose their assets. Hin Leong collapsed last year in the wake of the crude-price crash and allegations of forged documents being used to secure funding from banks. The firm and its subsidiary Ocean Bunkering, formerly one of Singapore s top marine fuel suppliers, has been wound up.
23 More Charges for Hin Leong Founder OK Lim
by Ship & Bunker News Team
Monday May 3, 2021
Lim Oon Kuin (OK Lim), the founder of defunct oil firm Hin Leong Trading, faces The new charges relate to allegedly forged documents used in oil products trades with
China Aviation Oil (Singapore) Corp between
June 2019 and The next hearing has been set for
June 24, Reuters said. Hin Leong collapsed last year in the wake of the crude-price crash and allegations of forged documents being used to secure funding from banks. The firm and its subsidiary
Ocean Bunkering, formerly one of Singapore s top marine fuel suppliers, is in the process of being wound up.