SINGAPORE - Disgraced Singapore businessman Nelson Loh Ne-Loon, who faces 60 charges related to past businesses and has been in remand since 2022, has said he intends to plead guilty.
According to court records, Nelson Loh is expected to plead guilty on July 1 before Deputy Principal District Judge Luke Tan. The banks – Maybank, Standard Chartered Bank, Citibank, DBS Bank, UOB and HSBC – were dishonestly induced to disburse loans amounting to about $69 million in all in July 2019. A warrant of arrest and an Interpol red notice were issued against them. The notice is a request to law enforcement units worldwide to locate and provisionally arrest a person pending extradition, surrender or other legal action.
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:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Woman obeyed online boyfriend and opened bank account used in internet love scamLim Gek Hong opened the bank account in December 2022.
Source: straits_times - 🏆 5. / 69 Read more »
Naomi Osaka seals first win on clay since 2022 in MadridMADRID – Naomi Osaka says she is “embracing the clay a lot more now” as she captured her first victory on the surface since 2022 in the Madrid Open first round on April 24. The Japanese former world number one grew up playing on hard courts in the US and has...
Source: thenewpaper - 🏆 7. / 63 Read more »
South Korean Parliament approves new inquiry into deadly 2022 crowd crushThe 2022 Halloween crowd crush in Seoul's Itaewon district killed nearly 160 people.
Source: straits_times - 🏆 5. / 69 Read more »
South Korea parliament approves new enquiry into deadly 2022 crowd crushSEOUL — South Korea's National Assembly voted on Thursday (May 2) to approve a bill backed by the ruling and opposition parties to launch a fresh probe into the deadly Halloween crowd crush in the capital Seoul in 2022.
Source: asiaonecom - 🏆 10. / 59 Read more »
Acquainted with adversity, Singapore's Loh Kean Yew gears up for second OlympicsMuch has changed since the badminton world champion made his Games debut in 2021, and Loh heads to Paris with a wealth of experience under his belt.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Palantir shares post biggest daily slide since 2022 after forecast disappointsNEW YORK : Shares of Palantir Technologies fell 15.1 per cent on Tuesday in their biggest daily percentage drop since May 2022, a day after the data analytics company gave a revenue forecast that disappointed.The stock closed at $21.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »