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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. ....

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Singapore court rules son of ex-PM Goh Chok Tong caused US$146 million in losses to company

A judge said Goh Jin Hian failed to spot three ‘red flags’ that should have triggered his inquiry into the financial position of now-insolvent marine fuel supplying firm IPP. ....

Justice Abdullah , Silkroutes Group , Companies Act , New Silkroutes Group , Goh Jin Hian ,

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. ....

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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
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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SPF | Market Maker Faces Further False Trading Charges With Four Former Executives Of Tee International Limited And Agv Group Limited

SPF | Market Maker Faces Further False Trading Charges With Four Former Executives Of Tee International Limited And Agv Group Limited
police.gov.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from police.gov.sg Daily Mail and Mail on Sunday newspapers.

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