Soh slapped with 7 new witness tampering charges in 2013 penny stock case

Published Tue, Feb 28, 2017 · 08:57 AM

PROSECUTORS have added seven new charges, of witness tampering, against John Soh Chee Wen, the Malaysian businessman accused of orchestrating the 2013 penny stock collapse.

The new charges bring to 188 the total number charges faced by Soh.

The new charges involve one Gabriel Gan, who was involved in investigations into the 2016 crash of ISR Capital.

Prosecutors have charged Soh and former Ipco International chief executives Quah Su-Ling and Goh Hin Calm with manipulating the market for shares of Asiasons Capital (now Attilan Group), Blumont Group and LionGold Corp in the run up to the 2013 crash. The investigation into that crash has been described as the largest securities fraud case in Singapore by the state.

The new charges were read on Tuesday afternoon at a scheduled bail hearing for Soh.

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