My lawyer friend told me that allegations against Goh Jin Hian is very serious, at least 5 jail time if proven guilty

[gingerlyn]

Goh Jin Hian bail amount: SGD150,000
Goh was offered bail of $150,000, while bail for Teo, 54, was set at $100,000. Oo, 52, and Huang, 40, were each offered bail at $70,000.

PAP Minister Iswaran bail amount was only SGD100,000
"Mr Ong’s bail quantum was also increased to S$100,000," said CPIB. "Upon his return, Ong is required to report to CPIB and surrender his passport to the bureau."
It did not state the original bail amount.

 

[gingerlyn]

Goh Jin Hian, if proven guilty, his crime is as serious as John Soh

SINGAPORE — The mastermind behind the S$8 billion penny-stock crash in late 2013, John Soh Chee Wen, was sentenced by the High Court on Wednesday (Dec 28) to 36 years in prison, while his co-conspirator, Quah Su-Ling, was sentenced to 20 years’ jail.

 

[gingerlyn]

Son of Singapore’s Former Prime Minister Charged With False Trading Offenses​

Goh is also accused of pushing up the price of the company’s securities by placing orders and executing trades using his bank investment account. He was handed 39 charges under the Securities and Futures Act, while the three other men each received 31 similar charges.

 

[gingerlyn]

Goh faces a further eight counts of Section 197(1)(b) of the Act for allegedly placing orders and executing trades in NSG securities through his personal trading account for the purpose of pushing up their price on eight trading days between Aug 31, 2018 and Dec 4, 2018.

 

[gingerlyn]

CAD hardly lost in court case and the chances of wining by CAD is 99.999%

 

[gingerlyn]

The former chief executive of Singapore-listed New Silkroutes Group Goh Jin Hian and three other men were slapped with a total of 132 charges related to false trading offences in the State Courts on Wednesday.

 

[gingerlyn]

Goh faced a further eight counts of violating securities regulations. He allegedly placed orders and executed trades in the company’s securities through his DBS Private Bank personal trading account with the purpose of pushing up New Silkroutes’ share price on eight trading days between Aug 31 and Dec 4 in 2018.

 

[gingerlyn]

Shares of New Silkroutes have been suspended since Nov 15, 2021.

 

[gingerlyn]

Separately, a High Court trial began in April between the liquidators of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP) and Goh, its former director, over US$156 million (S$207 million) in losses resulting from his alleged breach of director’s duties.

 

[gingerlyn]

Lawyers for IPP’s liquidators, who are seeking to recover that sum, accused 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”.

 

[gingerlyn]

 

[gingerlyn]

Penny stock crash mastermind John Soh gets 36 years’ jail, Quah Su-Ling sentenced to 20 years​

 

[laksaboy]

Ng Yat Chung and Woody Goh Junior would have been a dream team to take this island to great heights.

 

[sbfuncle]

Look serious.
Will gct disown his son?

 

[LexLuthor]

The magic word is 'or'

 

[batman1]

If he is not jailed,we worry. Lol

 

[millim6868]

Cb still.smiling,think he think.woody hv power to save him ,fuck him,if he get away free,its kangaroo,lol,karma,hope woody would paid off wat his son did, 200mil.plus,he should be steady n paid out

 

[Eisenhut]

100k? 150k? Knn small change

 

[red amoeba]

He gonna share the same cell w Iswaran or not ?

 

[Hightech88]

Will GCT lose his ESM status? Knn, can't even teach son properly, become a crook.