O.K. Lim, Singapore oil trader and once superstar businessman, convicted of cheating and abetting forgery

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Singapore News

O.K. Lim,Tycoon,Convicted

THE memories have grown jaded, the urgency has worn off and the politicians who championed the quest for answers to the Teoh Beng Hock tragedy have moved on.

The 79-year-old former oil tycoon has also been diagnosed with acute and chronic sinusitis, which will require surgery. - PHOTO: REUTERS

The octogenarian businessman faced a total of 130 criminal charges allegedly involving hundreds of millions of dollars. "In fact, the two transactions were complete fabrications, concocted on the accused's directions," prosecutors said."I find that the prosecution has proven the... charges beyond a reasonable doubt and the accused is accordingly convicted on the charges," judge Toh Han Li said in a ruling Friday.

O.K. Lim Tycoon Convicted Cheating Abetting Forgery

 

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