Hin Leong fraud case steps up as judicial managers seek to recover $3.5bn

The founder of Hin Leong Trading, OK Lim, and his two children, are being sued by the company’s judicial manager, PwC, in Singapore in order to recover $3.5bn plus another $90m in dividends, according to The Straits Times. The judicial managers have charged the Lims with a breach of fiduciary duties as directors and fraudulent …

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