OK Lim
Hin Leong founder OK Lim should be granted judicial mercy, like tycoon Ong Beng Seng: Defence
[SINGAPORE] Hin Leong founder Lim Oon Kuin should be granted judicial mercy, like property tycoon Ong Beng Seng, as the heightened risk of the 83-year-old bankrupt falling in prison may lead to his de...
Criminal trial judge erred in convicting ex-oil tycoon OK Lim of cheating: Davinder Singh
The case has been hailed as “one of the most serious cases of trade financing fraud” in Singapore
OK Lim’s daughter on trial for instructing IT staff to delete data from Hin Leong’s servers
Lim Oon Kuin and his two children have also been declared bankrupt
The unravelling of Hin Leong and OK Lim’s fall from grace
ONCE a giant in Singapore’s oil trading industry, the collapse of Hin Leong Trading (HLT) exposed a web of fraud, forgery and financial mismanagement.
Hin Leong’s founder OK Lim, children declared bankrupt
This comes after the family agreed to pay US$3.5 billion to the court-appointed liquidators of the company and top creditor HSBC
OK Lim sentenced to 17 years and 6 months in prison
It is a deterrent sentence, says the court, given that Lim has hurt Singapore’s standing as a bunkering and financial services hub
AGC seeks 20 years’ jail for OK Lim, defence asks for 7 years for the 82-year-old
Court adjourns sentencing to Nov 18
OK Lim has accepted judgment debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcy
Sembcorp Industries settling lawsuit against OK Lim, his children for US$50.9 million
Move is not expected to have a material impact on its earnings per share and net tangible assets per share for FY2024
Court of Appeal upholds dismissal of Winson’s claim against OCBC and StanChart
Supreme Court’s upper division reaffirms earlier decision on basis that fraud exception for letters of credit had been made out
