Singapore seeks to jail former oil tycoon OK Lim for 20 years for cheating HSBC


- Photo: Bloomberg

SINGAPORE: Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the global energy-trading hub.

In a Singapore court on Tuesday, public prosecutor Christopher Ong argued for a 20-year jail sentence for Lim on three counts including instigating forgery and deceiving HSBC Holdings Plc.

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