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Founder of homegrown oil trader Hin Leong charged with abetment of forgery for the purpose of cheating

From channelnewsasia.com

The founder of homegrown oil trader Hin Leong Trading was charged in court on Friday (Aug 14) with abetment of forgery for the purpose of cheating, the police said in a news release. Lim Oon Kuin’s charge relates to him instigating a Hin Leong employee to forge a document purportedly issued by UT Singapore Services, said the authorities. “The document stated that Hin Leong had transferred more than one million barrels of gasoil to China Aviation Oil (Singapore) Corporation,” the police said. “The document was allegedly used to secure more than US$56 million (S$76.9 million) in trade financing from a financial ... (full story)

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