Lim Oon Kuin, the founder of troubled oil trader Hin Leong Trading, has been slapped with 105 new charges from the Singapore High Court on June 24.
According to a report by Singapore’s broadsheet The Straits Times, the charges comprised 68 counts of cheating, 36 counts of conspiracy to commit forgery and one charge of conspiracy to forge a valuable security.
See also: Court caps expenses for Hin Leong's Lim family at $10,000 a week
These come in addition to the 25 forgery-related charges that were meted out in 2020 and in April.
Lim, who is also known as OK Lim, saw his court bail increase from $3 million to $4 million.
Hin Leong, on June 10, sued auditing firm Deloitte & Touche for the firm’s failure to detect “serious irregularities” in its financial statements for over 10 years.
See also:
- Hin Leong sues Deloitte over failure to detect irregularities in its books
- Court caps expenses for Hin Leong's Lim family at $10,000 a week
- High Court approves request to freeze US$3.5 bil of assets of Hin Leong's Lim family
- Hin Leong Trading's OK Lim faces 23 more forgery-related charges
- OK Lim and family face asset claims from Hin Leong creditors
- Singapore court approves winding up of oil trader Hin Leong: sources
