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Goh Jin Hian son of ex PM Goh Chok Tong second pre trial conference on stock market scam will be held on 30 nov 2023

Hightech88

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SinkieExile

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There have been several high profile cases of those in power escaping with a warning or slap on the wrists. Only time will tell if Woody still has enough influence to help his son out of this mess of his own making.

I have a feeling Woody cannot pull any more strings to try and soften the landing for his son already.

His political influence in SG was already neutered even before he stepped down as PM in the early 2000s, because he didn't dare go after LKY and LHL for the Nassim Jade condo scandal. After he stepped down, got one year in I think the late 2010s he openly said he hoped PAP settle succession issue by 2018 or something like that, PAP and LHL also all didn't give a damn about his opinion.

That's why now you see he's in retirement and extremely quiet and low profile. He's a spent force.
 

True Believer

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I have a feeling Woody cannot pull any more strings to try and soften the landing for his son already.
His political influence in SG was already neutered even before he stepped down as PM in the early 2000s, because he didn't dare go after LKY and LHL for the Nassim Jade condo scandal. After he stepped down, got one year in I think the late 2010s he openly said he hoped PAP settle succession issue by 2018 or something like that, PAP and LHL also all didn't give a damn about his opinion. That's why now you see he's in retirement and extremely quiet and low profile. He's a spent force.
Once ST decided it was ok to publicise Goh Jin Hian's case, it was apparent that Woody didn't have enough clout to prevent it. With the news out there now, it would be almost impossible to pull enough strings to allow him to escape with a slap on the wrists.
 

laksaboy

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Ex PM Goh Chok Tong was very busy working for Singapore and never had the time to teach his son Goh Jin Hian. Hopefully Singapore prison can teach his son well inside the prison

On the contrary, I think he taught junior Goh very well indeed. Like scummy father, like scummy son. :cool:
 

gingerlyn

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Goh Jin Hian and his accomplices
54-year-old William Teo Thiam Chuan, a former finance director at the group

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gingerlyn

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Goh Jin Hian and his accomplices
Kelvyn Oo Cheong Kwan, 52, former executive director and chief corporate officer at New Silkroutes

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gingerlyn

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Goh Jin Hian and his accomplices
40-year-old Huang Yiwen, a commercial market maker engaged by New Silkroutes.

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gingerlyn

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Hear say Huang Yiwen had plea bargain and becomes prosecutor star witness to expose Goh Jin Hian share rigging crimes
 

gingerlyn

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Screen Shot 2023-11-27 at 21.43.37.png

Former Chief Executive Officer of New Silkroutes Group Limited (NSG), Goh Jin Hian, former Chief Corporate Officer, Oo Cheong Kwan Kelvyn, and former Finance Director, Teo Thiam Chuan William, were charged in court today with false trading offences under the Securities and Futures Act (SFA). A fourth individual, Huang Yiwen, the sole director of GTC Group Pte Ltd (a commercial market maker engaged by NSG during the material time), was also charged with similar offences. NSG is listed on the Mainboard of the Singapore Exchange.
The four men were each charged with 31 counts of Section 197(1)(b) of the SFA read with Section 109 of the Penal Code for engaging in a conspiracy to create a misleading appearance with respect to the price of NSG securities. They allegedly placed orders and executed trades in NSG securities for a purpose of pushing up the price of NSG securities on 31 trading days between 26 February 2018 and 27 August 2018. The alleged price manipulative orders and trades include share buy-backs conducted through NSG’s corporate trading account.
Goh Jin Hian faces a further eight counts of Section 197(1)(b) of the SFA for allegedly placing orders and executing trades in NSG securities through his personal trading account for a purpose of pushing up the price of NSG securities on eight trading days between 31 August 2018 and 4 December 2018.
The charges above arose from a joint investigation carried out by the Commercial Affairs Department of the Singapore Police Force and the Monetary Authority of Singapore.
If convicted of an offence under Section 197 of the SFA, offenders may be liable to an imprisonment term not exceeding seven years, or a fine not exceeding $250,000, or both.

PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
20 September 2023 @ 11:30 AM
 

gingerlyn

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尊敬的前总理吴作栋 (Goh Chok Tong),
当您的儿子吴振贤 (Goh Jin Hian) 被法庭指控刑事犯罪时,您有何感受?

此致

报业控股记者
 
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