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Hyflux sues Olivia Lum for more than S$690 million over alleged negligence, fiduciary duty breach

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Tay Peck Gek

Tay Peck Gek

Published Thu, Dec 22, 2022 · 09:46 PM
    • Lum is being sued by Hyflux for claims of at least S$690.6 million over alleged negligence and breach of fiduciary duty.
    • Lum is being sued by Hyflux for claims of at least S$690.6 million over alleged negligence and breach of fiduciary duty. PHOTO: ST FILE

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    OLIVIA Lum Ooi Lin has been sued by water treatment firm Hyflux which she had helmed for claims of at least S$690.6 million over alleged negligence and breach of fiduciary duty.

    Lum has denied the allegations in the defence she filed last week through her lawyers, Davinder Singh and Jaikanth Shankar.

    Hyflux, Hydrochem and Tuaspring are companies in the group bringing the legal action against the 61-year-old, with the two liquidators for the group joining as plaintiffs. The plaintiffs are represented by Eddee Ng of Tan Kok Quan Partnership.

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