SUBSCRIBERS
S$33m missing from JLC law firm; lawyer uncontactable
Law Society 'suspects dishonesty'; funds believed to belong to Allied Technologies
Published Wed, May 22, 2019 · 09:50 PM
Singapore
IN what could be a record sum involved in such cases, some S$33 million has gone missing from the clients' account of boutique law firm JLC Advisors, where a senior lawyer has at the same time become uncontactable.
The firm has reported the case to the Law Society, which has stepped in and taken over running of the account.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US producer prices increase more than expected in April
UK seeks closer Saudi ties with 450-strong delegation
Biden sharply hikes US tariffs on billions in Chinese chips, cars
Australia unveils US$6 billion budget surplus, sets clean energy focus
Indonesia’s tax spinoff may disrupt revenue efforts, Fitch warns
No evidence of ship-to-ship transfer of Iranian oil off Malaysia: Anwar