Lawyers urged not to enter into business deals with clients

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The Court of Three Judges, the highest disciplinary body in the legal profession, on Friday urged lawyers to steer clear of entering into business transactions with their clients as this will often lead to a conflict of interest. The remarks were made in the court's...

The court said Mr Tan's conduct was particularly"disgraceful and appalling" because he had used his professional status to give the client false assurance that the client's interests will be safeguarded.

Mr Kuek signed two letters of engagement under Keystone's letterhead, stating that the law firm would oversee his investments.Mr Kuek said Mr Tan had assured him that his money would be protected and that issuing the cheque to Bluesky was"the same" as paying Keystone.

Source: News Formal (newsformal.com)

 

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