{"id":422360,"date":"2021-06-25T08:49:56","date_gmt":"2021-06-25T03:19:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=422360"},"modified":"2021-06-25T09:43:53","modified_gmt":"2021-06-25T04:13:53","slug":"singapore-files-105-new-charges-against-oil-trader-hin-leong-founder-ok-lim-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/singapore-files-105-new-charges-against-oil-trader-hin-leong-founder-ok-lim-2\/","title":{"rendered":"Singapore files 105 new charges against oil trader Hin Leong founder OK Lim"},"content":{"rendered":"<p>SINGAPORE (Reuters) &#8211; Singapore&#8217;s public prosecutor on Thursday filed an additional 105 charges against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, relating to $2.23 billion in fraudulent disbursements. <\/p>\n<p>Hin Leong, one of Asia&#8217;s largest oil traders, was wound up in March after failing to restructure some $4 billion in debt following a crash in the oil price during the coronavirus pandemic that exposed earlier financial troubles.<\/p>\n<p>The new charges followed 25 forgery-related charges filed against Lim last year and in April this year. They comprised 68 charges of cheating, 36 of conspiracy to commit forgery and one of conspiracy to forge a valuable security.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE (Reuters) &#8211; Singapore&#8217;s public prosecutor on Thursday filed an additional 105 charges against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, relating to $2.23 billion in fraudulent disbursements. Hin Leong, one of Asia&#8217;s largest oil traders, was wound up in March after failing to restructure some $4 billion in debt following a crash in the oil price during the coronavirus pandemic that exposed earlier financial troubles. The new charges followed 25 forgery-related charges filed against Lim last year and in April this year. They comprised 68 charges of cheating, 36 of conspiracy [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-422360","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=422360"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422360\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=422360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=422360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=422360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}