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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

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


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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