Singapore, Nov 18, 2024 (AFP) - Disgraced Singapore oil tycoon to be sentenced for fraud

NAMPA / AFP

2024-11-18

The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud. Lim Oon Kuin, better known as O.K. Lim, was convicted in May in the case that dented the city-state's reputation as a top Asian oil trading hub. His firm, Hin Leong Trading, was among Asia's biggest oil trading companies before its sudden and dramatic collaps......

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