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Jeffrey Ong implicates Allied Tech executive director and investor in misappropriation case

His affidavit accuses Kenneth Low Si Ren and investor Lin Tah Hwa of round-tripping and sham transactions involving firm

Tay Peck Gek
Published Sat, Mar 27, 2021 · 05:50 AM

Singapore

JLC Advisors former managing partner Jeffrey Ong Su Aun named executive director Kenneth Low Si Ren and investor Lin Tah Hwa of Catalist-listed precision engineering firm Allied Technologies as being responsible for the misappropriated funds that grabbed headlines two years ago.

The former lawyer, in his affidavit to support his bail review application, claimed that there were round-tripping and sham transactions involvin…

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