SUBSCRIBERS

Oil trader Winson takes OCBC to court over Hin Leong deal

The bank says it does not have to pay, claims 'serious doubts' about Hin Leong's paperwork

Published Fri, Jun 5, 2020 · 09:50 PM

Singapore

THE spectacular collapse of Singapore oil trader Hin Leong Trading has sparked another legal skirmish between one of its banks and a trading rival.

Winson Oil Trading took OCBC Bank to court, demanding payment for a sale of fuel to the troubled trader that was financed by the bank.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here