Singapore penny stocks crash: Defence drills witness on clause E7 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Singapore penny stocks crash: Defence drills witness on clause E7

Quah Su-Ling and first accused John Soh, a Malaysian businessman, pleaded not guilty to 178 and 189 charges respectively, in relation to the Asiasons, Blumont, and LionGold’s penny stocks crash in 2013. — Reuters pic

Seventh witness Esther Seet, an executive director of Lim & Tan Securities Pte Ltd was crossed examined by second accused Quah Su-Ling’s counsel Philip Fong of Eversheds Harry Elias LLP on the 14th day of the trial here. Fong was given an emphasis on instructions given “on behalf of the client” which LTS allowed without further enquiry as to the accuracy, completeness or genuineness, or the authority or identity of the person giving or purporting to give such instructions and regardless of the circumstances prevailing at the time.During the cross examination, Seet was given the opportunity to explain further on the clause by High Court Judge Hoo Sheau Peng.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2013 penny stocks crash trial: Witness says took orders from accused | Malay MailSINGAPORE, May 7 — The fourth witness for the joint trial over  the 2013 penny stocks crash insisted that she was taking orders only from the second accused person Quah Su-Ling although in some occasions no trade confirmations were made. Angelia Poon, a remisier at OCBC Securities Pte Ltd... SGX is coming for you all Sila Duduk Jangan Lari zaidibrahim
Source: malaymail - 🏆 1. / 86 Read more »

Najib’s SRC trial: Witness insists KWAP investment guidelines breached despite waiver for RM2b loan | Malay MailKUALA LUMPUR, May 7 — The investment  guidelines for the Retirement Fund Incorporated (KWAP) were breached when it decided to give the first loan of RM2 billion to then 1MDB subsidiary SRC International Sdn Bhd in 2011, the High Court heard today in the trial of former prime minister Datuk...
Source: malaymail - 🏆 1. / 86 Read more »

Witness says original Investment Papers on KWAP’s RM4b loan to SRC International missing | Malay MailKUALA LUMPUR, May 9 — Several original copies of Investment Panel Papers pertaining to the Retirement Fund Incorporated (KWAP) RM4 billion loan to SRC International Sdn Bhd is currently nowhere to be found, the High Court heard today. The prosecution’s 35th witness, KWAP Legal and Secretarial... IMMikhailHafiz RM4b loan document went missing? ... Ada toyol ni.. 👺 Imbas Kembali ucapan Mat Sabu : 'PM - Najib Menteri Kewangan - Najib Penasihat 1MDB - Najib Penasihat SRC - Najib' SRC mohon pinjaman KWAP (bawah Menteri Kewangan) ... Najib mohon Pinjaman KWAP, Najib Luluskan 😎
Source: malaymail - 🏆 1. / 86 Read more »