Hin Leong oil trader founder OK Lim indicted in Singapore court in infringement case – Yahoo Finance

Hin Leong oil trader founder OK Lim indicted in Singapore court in infringement case – Yahoo Finance

By Jessica Jaganathan

SINGAPORE (Reuters) – Lim Oon Kuin, founder of ailing Singaporean oil company Hin Leong Trading (Pte) Ltd, was indicted in a Singapore court on Friday for incitement to fake for the purpose of cheating, police said.

Hin Leong, one of Asia’s largest oil traders, was placed under so-called court management in April after banks demanded repayment of loans as oil prices…

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