Flash: Jeffrey Ong denied bail, slapped with 13 more forgery charges
JLC Advisors managing partner Jeffrey Ong Su Aun was denied bail on Thursday due to high flight risk.
He was found with a stolen Malaysian passport belonging to a person close to his age, and left the Tuas Checkpoint on May 13.
Full report here.
BT reported last week that eight fresh charges were laid before Ong - all for alleged offences of forgery for the purpose of cheating, amid police reports of another S$16 million in unauthorised transactions.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance