yalor, if he has millions stashed away in timbuktu $150k will not deter him from running road. $150k is a joke.
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My lawyer friend told me that allegations against Goh Jin Hian is very serious, at least 5 jail time if proven guilty
- Thread starter gingerlyn
- Start date
will be funny to see his son drive for grab.
Just give him the death sentence and let Woody Goh witness his son's execution.
Will Woody ever get to see his son's release in his remaining years?
Goh Jin Hian next hearing:
Criminal
Hearing type
Criminal - For Mention
Charge number
DAC-914968-2023
Offence description
Securities and Futures Act (Cap 289, Rev Ed 2006) & others
Hearing outcome
Pre-Trial Conference on 19/10/2023 at 11:00 AM at Chambers 8-40 (PTC 1) Agency Bail Extended, subject to compliance with the conditions in Section 94(1) CPC.
Hearing details
Nature of caseCriminal
Hearing type
Criminal - For Mention
Charge number
DAC-914968-2023
Offence description
Securities and Futures Act (Cap 289, Rev Ed 2006) & others
Hearing outcome
Pre-Trial Conference on 19/10/2023 at 11:00 AM at Chambers 8-40 (PTC 1) Agency Bail Extended, subject to compliance with the conditions in Section 94(1) CPC.
Did Woody stay at the Istana during his Seatwarmer PM stint?
I have seen him being chauffeured from his Bukit Timah home to his workplace.
Then he got transplanted to Marine Parade GRC, and shamelessly created the FB profile with the 'MParader' username.
SINGAPORE – A High Court trial began on Monday between the liquidators of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP) and its former director, Dr Goh Jin Hian, over US$156 million (S$207 million) in losses resulting from his alleged breach of director’s duties.
In opening statements, lawyers for IPP’s liquidators, who are seeking to recover that sum, accused Dr Goh of “sleepwalking through his time as a director” and failing to discover and stop drawdowns in trade financing between June and July 2019 to fund alleged “non-existent or sham transactions”.
In opening statements, lawyers for IPP’s liquidators, who are seeking to recover that sum, accused Dr Goh of “sleepwalking through his time as a director” and failing to discover and stop drawdowns in trade financing between June and July 2019 to fund alleged “non-existent or sham transactions”.
According to the liquidators, the trade financing came from Malayan Banking (Maybank) and the Singapore branch of Societe Generale (SocGen), IPP’s two largest creditors. It consisted of US$146 million drawn down for cargo trading operations, and US$10.5 million drawn from SocGen’s facility for IPP’s bunkering operations allegedly when IPP was “balance-sheet insolvent”.
Senior Counsel Lok Vi Ming, who represents Deloitte & Touche, IPP’s judicial managers turned liquidators, questioned why Dr Goh “failed to inquire and investigate a large amount of receivables – US$132 million – allegedly owed to IPP by Mercuria Energy Trading”.
Senior Counsel Lok Vi Ming, who represents Deloitte & Touche, IPP’s judicial managers turned liquidators, questioned why Dr Goh “failed to inquire and investigate a large amount of receivables – US$132 million – allegedly owed to IPP by Mercuria Energy Trading”.
Had Dr Goh done so, he would have learnt that the invoices IPP issued to Mercuria from September 2017 to February/March 2018 were for bogus transactions, and he would have prevented IPP from drawing down on the trade financing with SocGen and Maybank in June and July 2019.
Wot about the CEO and other directors? Scot free?
Like father, like son. What does that mean?
