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JLC Advisors' Jeffrey Ong charged with misappropriating S$17.5m from CW Group

Tay Peck Gek

Tay Peck Gek

Published Tue, Oct 20, 2020 · 09:50 PM

    Singapore

    JLC Advisors managing partner Jeffrey Ong Su Aun was charged on Tuesday with misappropriating S$17.5 million belonging to CW Group Holdings, which was delisted from the Hong Kong stock exchange earlier this month.

    These charges have come a year after the 43-year-old lawyer tendered his resignation as independent non-executive director of the precision machine tool maker.

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