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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

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Some 23 banks, including OCBC, are owed almost US$4 billion by Singapore oil trader Hin Leong.

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...

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