Lim Oon Kuin, the elderly founder of collapsed oil trading firm Hin Leong Trading, was on Monday (Nov 18) sentenced to 17-and-a-half years in jail in a cheating case involving at least US$111.7 million (S$150 million).

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Hin Leong oil tycoon OK Lim, 82, sentenced to 17.5 years' jail

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub

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A Singapore oil magnate faces prison in a major fraud case over financing trade

The Hing Leong founder, also known as Lim Oon Kuin, was earlier convicted of two charges of cheating HSBC and one count of abetting forgery.

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Singapore sentences O.K. Lim to over 17 years in prison

SINGAPORE: Lim Oon Kuin, the elderly founder of collapsed oil trading firm Hin Leong Trading, was on Monday (Nov 18) sentenced to 17-and-a-half years in jail in a cheating case involving at least US$111.7 million (S$150 million). The 82-year-old, also known as OK Lim, had orchestrated

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It was “one of the most serious cases of trade financing fraud that have ever been prosecuted in Singapore”.

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Hin Leong founder O.K. Lim gets 17½ years’ jail for cheating, forgery

A Singapore court has sentenced oil tycoon Lim Oon Kuin to 17-and-half years in jail for cheating HSBC Holdings Plc and instigating forgery, in a case that has shaken the city-state’s commodity-trading community.

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Singapore Oil Tycoon OK Lim Sentenced to 17 1/2 Years in Jail

SINGAPORE: The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country’s most serious cases of fraud. Lim Oon Kuin, 82, better known as O.K. Lim, was convicted in May in a case that dented the city-state’s reputation as a top Asian oil trading hub. His

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Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud

Singapore oil tycoon Lim Oon Kuin has been sentenced to 17 and a half years in jail for cheating HSBC Holdings Plc and instigating forgery in a case that has shaken the city-state’s commodity-trading community and left banks nursing hefty losses.

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Singapore oil tycoon OK Lim sentenced to 17 years in jail

KUALA LUMPUR, Malaysia (AP) — A Singapore oil magnate was sentenced Monday to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub. Lim Oon Kuin, 82, was convicted in May on two counts of cheating the Hongkong and Shanghai Banking Corp. (HSBC) and one of abetting forgery. The court found Lim used forged documents on two bogus oil transactions to dec…

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SINGAPORE — Hin Leong founder Lim Oon Kuin was sentenced on Monday (Nov 18) to 17 years and six months jail for three charges of cheating and forgery in what prosecutors described as "one of the most serious cases of trade financing fraud that have ever been prosecuted in Singapore".
The prosecution on Oct 15 sought a maximum sentence of 20 years for the 82-year-old better known as O.K. Lim, whose offences "affected the delivery of financial ser…

Singapore Oil Tycoon OK Lim Sentenced to 17 1/2 Years in Jail

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