Singapore: The hunt for lost billions - failed Hin Leong's owners face asset claims


* Court to hear liquidators move to freeze family assets * Banks face billions in losses after Hin Leong winds up

SINGAPORE, April 2 (Reuters): Stung by the collapse of Asia's top independent oil trading firm, some global banks have teamed up to seek the personal assets of the family behind Hin Leong Trading, which has left creditors on the hook for billions of dollars.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

South Korea's president orders probe into ballot shortage issue
Education minister apologises after parents get school allocation messages early
Hong Kong leader’s visit set to unlock Kazakh flights, with incentives eyed
Bali developers pitch double-digit yields as govt tightens property rules
Thai PM Anutin heads to Vietnam to turn stronger ties into trade and investment gains
China holds 'special operation' near Taiwan after Japan-Philippines sea border talks
Games, smiles at school holiday activities in Brunei
Laos aims to eliminate workplace discrimination
South Korean court set to rule on ex-president Yoon's drone infiltration charges this week
Indian youth shot dead at point-blank range in US while delivering pizza

Others Also Read