Owners of Ailing Energy Trader Hit Back at Critical Report

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The family owners of distressed energy trader Hin Leong Trading claimed unfair treatment after a report alleged serious irregularities

The family owners of Hin Leong Trading Pte. Ltd. claimed unfair treatment after a report alleged serious irregularities at the distressed energy trader, including a $3 billion-plus overstatement of its assets.

The report was filed with a Singapore court earlier this week by interim judicial managers—court-appointed independent administrators—from PricewaterhouseCoopers Advisory Services Pte. Ltd.

 

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Massive cover up with apparent strong political backstops enabling OK Lim+family’s continued unfettered freedom,wealth defrauded from their bankers

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