Hyflux founder Olivia Lum and ex-CFO gave input to ‘play down’ energy component of Tuaspring project


Winnifred Heap, who was Hyflux’s head of corporate communications and investor relations at the time, took the stand on Aug 19. - ST

SINGAPORE: Drafts of a news release showed that Hyflux founder Olivia Lum and former chief financial officer Cho Wee Peng had given input to “play down” key details about the energy component of the failed Tuaspring project, a court heard on Tuesday (Aug 19).

E-mails which included these drafts formed a crucial part of the testimony of Winnifred Heap Ah Lan, who took the stand on the fourth day of the criminal trial. Heap was Hyflux’s head of corporate communications and investor relations at the time.

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Singapore , Hyflux , Olivia Lum , Tuasspring

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