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UNSUPERVISED BANKRUPTS

Leckmichamarsch

Leckmichamarsch

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The pax alleged brought down penny stock trading JOHN SOH CHEE WEN is a bankrupt.
Isn,t he supposed to be supervised by Offucial Assignee? Instead tge rotten bankrupt was guven free hand to wreck financial havoc once again. OA shud be taken to task for letting a undischarged bankrupt so much degree of freedom.
ANOTHER 5 YRS SIH WILL BE DISCHARGED FROM BANKRUPTCY AS WERE MANY W.OUT RE
PAYING A SINGLE CENT
BANKRUPTCY ACT IS A JOKE IR AT BEST...IT US THERE TO BLUFF INVESTORS ?
 
CoffeeAhSoh

CoffeeAhSoh

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Leckmichamarsch said:
The pax alleged brought down penny stock trading JOHN SOH CHEE WEN is a bankrupt.
Isn,t he supposed to be supervised by Offucial Assignee? Instead tge rotten bankrupt was guven free hand to wreck financial havoc once again. OA shud be taken to task for letting a undischarged bankrupt so much degree of freedom.
ANOTHER 5 YRS SIH WILL BE DISCHARGED FROM BANKRUPTCY AS WERE MANY W.OUT RE
PAYING A SINGLE CENT
BANKRUPTCY ACT IS A JOKE IR AT BEST...IT US THERE TO BLUFF INVESTORS ?
Click to expand...


nearer home we have our legendary the late
Dato Ho K C of the Peoples' Park Complex Fame.
 
CoffeeAhSoh

CoffeeAhSoh

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IMG_20190326_210721.jpg
IMG_20190326_210721.jpg
 
Leckmichamarsch

Leckmichamarsch

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CoffeeAhSoh said:
nearer home we have our legendary the late
Dato Ho K C of the Peoples' Park Complex Fame.
Click to expand...
Ho Kok Cheong made a BIG FOOL OF OA flying overseas so msny times n moved ard in limo MAKING A MOCKERY OF BANKRUPTCY ACT N A JOKE OF THE OFFICE OF OFFIVIAL ASSIGNEE...now I understand that to get a discharge is so easy...just mark time ..dun hv to repay a cent like Tan Bee Kee of notorious Advanced Gravis.. n enjoy stashed away borrowed money...good times are here again. ALL VECOS OA IS ÙNDETSTAFFED N HAS MANY O OR A LEVEL CASES DEALING WITH PAX MUCH DMARTER YHAN THEM.
WHY NOT REMOVE THE STUPID B..ACT?
.
 
CoffeeAhSoh

CoffeeAhSoh

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syed putra said:
John soh himself is a genius. Quit university as he found it not challenging
Click to expand...


John Soh 's case pale when compare to ex bankrupt Tan Sri Dr Tan Koon Swan :biggrin:

Tan started out as a humble Clerk.

the rest is History.

In 1988 Tan was also sentenced and imprisoned in Malaysia, declared a bankrupt, and reportedly owed over RM 400 million, at the time roughly equivalent to more than 100 million US dollars. He was ordered to pay RM1000 a month to the Official Assignee and the New Straits Times estimated it would take him 35,316 years to pay off his outstanding claims.[18] In the mid-1990s, after full repayment, Tan was discharged from bankruptcy.[19].
 
syed putra

syed putra

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CoffeeAhSoh said:
John Soh 's case pale when compare to ex bankrupt Tan Sri Dr Tan Koon Swan :biggrin:

Tan started out as a humble Clerk.

the rest is History.

In 1988 Tan was also sentenced and imprisoned in Malaysia, declared a bankrupt, and reportedly owed over RM 400 million, at the time roughly equivalent to more than 100 million US dollars. He was ordered to pay RM1000 a month to the Official Assignee and the New Straits Times estimated it would take him 35,316 years to pay off his outstanding claims.[18] In the mid-1990s, after full repayment, Tan was discharged from bankruptcy.[19].
Click to expand...
Tan koon swan is now a small time developer. Daughter more or less running the show. He was someone who could stand up to dr m.
 
CoffeeAhSoh

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.
SINGAPORE - An OCBC Securities remisier was among a group of representatives from local brokerages who testified to taking unauthorised trading instructions from John Soh Chee Wen and girlfriend Quah Su-Ling, who are accused of masterminding Singapore's most serious case of stock market manipulation, a court heard on Wednesday (March 27). Remisier Ng Kit Kiat told the court that he initially lied when the Commercial Affairs Department (CAD) first began investigating the rout that wiped $8 billion of value from the stock market in October 2013. Mr Ng, who is in his 70s, said he was called in for questioning by the CAD in the aftermath of the penny stock crash. He told the court that he had been taking instructions from unauthorised persons to make trades.


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https://www.straitstimes.com/busine...ing-to-cad-testifies-against-john-soh-quah-su
 
syed putra

syed putra

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CoffeeAhSoh said:
he and QSL saw the loophole and exploited it.

s$8.00 bn damages.
Click to expand...
I thought banks and brokers only lost about S$350mil? Now what is the fate of those people he made used to trade in tge sgares? Were they exposed to financial litigation or john soh ensured they got away clean of obligation.meaning sold everything before the stocks crashed.
 
CoffeeAhSoh

CoffeeAhSoh

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syed putra said:
I thought banks and brokers only lost about S$350mil? Now what is the fate of those people he made used to trade in tge sgares? Were they exposed to financial litigation or john soh ensured they got away clean of obligation.meaning sold everything before the stocks crashed.
Click to expand...


the whole s$8bn damages and all looks fishy.

Soh and Quah fronting who ???

Why MAS not going after SGX and brokerages Compliance Departments ???

mysterious indeed.

how much Cpf funds were lost by punters ???
 
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