Singapore oil mogul declared bankrupt


Lim Oon Kuin, better known in the oil trading industry as O.K. Lim, was sentenced to 17 years and six months jail in November. - ST PHOTO: KELVIN CHNG

SINGAPORE: Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

The name of the founder of Hin Leong Trading Pte and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec 19, the government gazette showed.

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