Singapore penny stocks crash: Defence drills witness on clause E7 | Malay Mail

Quah Su-Ling and first accused John Soh, a Malaysian businessman, pleaded not guilty to 178 and 189 charges respectively, in relation to the Asiasons, Blumont, and LionGold’s penny stocks crash in 2013. — Reuters pic

Seventh witness Esther Seet, an executive director of Lim & Tan Securities Pte Ltd was crossed examined by second accused Quah Su-Ling’s counsel Philip Fong of Eversheds Harry Elias LLP on the 14th day of the trial here. Fong was given an emphasis on instructions given “on behalf of the client” which LTS allowed without further enquiry as to the accuracy, completeness or genuineness, or the authority or identity of the person giving or purporting to give such instructions and regardless of the circumstances prevailing at the time.During the cross examination, Seet was given the opportunity to explain further on the clause by High Court Judge Hoo Sheau Peng.

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