SINGAPORE (Mar 28): The defence counsel for John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, in court on Thursday accused the prosecution’s first witness of being coached by an investigating officer (IO).

Ng Kit Kiat, a trading representative with OCBC Securities, had testified in court on Wednesday that Soh and his alleged co-conspirator Quah Su-Ling had slowly taken over control of a number of trading accounts that were later used to manipulate the stocks of three companies – Blumont Group, LionGold Corp, and Asiasons Capital (now known as Attilan Group).

See: Inner workings of penny stock scandal revealed by first prosecution witness

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook