The Business Times
business-time-50

Ng Yu Zhi slapped with 12 new charges from nickel trading fraud

google-preferred-sourceAdd BT as a preferred source
Tan Nai Lun

Tan Nai Lun

Published Mon, Mar 28, 2022 · 09:50 PM

    Singapore

    BUSINESSMAN Ng Yu Zhi, who is allegedly involved in a US$1.1 billion nickel trading scam, was on Monday (Mar 28) slapped with 12 new charges, bringing the total number of charges he is facing to 105.

    The new charges relate to the transfer of funds that represent his benefits from criminal conduct, and also include the purchase of cars, jewellery and other property, the Attorney-General's Chambers said.

    Ng Yu ZhiFraudScamLawsuits

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More