‘No need to break the bank to keep shares up’: Former Singapore PM Goh Chok Tong's son's criminal trial on market rigging begins


Goh Jin Hian, the son of former prime minister Goh Chok Tong, was chief executive of New Silkroutes Group from 2015 to 2020. - ST/ANN

SINGAPORE – The criminal trial of the former chief executive of Singapore-listed New Silkroutes Group (NSG), Goh Jin Hian, and the company’s former chief corporate officer Kelvyn Oo Cheong Kwan began on Feb 4, with the prosecution citing evidence including WhatsApp chats showing their discussions on how to push up the company’s share price in order to fund its acquisitions and raise capital.

In September 2023, Goh, the son of former prime minister Goh Chok Tong; Oo, a corporate lawyer by training; and two other men – former finance director William Teo Thiam Chuan and GTC Group sole director Huang Yiwen – were handed a total of 132 charges related to false trading offences.

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