Alleged mastermind behind penny stock crash loses second bid for bail
Annabeth Leow
Singapore
JOHN Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, has lost a second bid for bail.
Justice Hoo Sheau Peng agreed with the prosecution, in a High Court hearing on Tuesday afternoon, that Soh poses a flight risk and could tamper with witnesses if out on bail.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Singapore judge raises doubts iron ore trader Radiant World is owed US$1 billion