WHILE JLC Advisors' managing partner Jeffrey Ong Su Aun remains incommunicado, the 42-year-old lawyer at the centre of the Allied Technologies' missing S$33 million escrow fund saga has been actively contacting companies where he was holding a board seat to resign from directorship.
This came days after Catalist-listed Annica Holdings' announcement on May 22 that Mr Ong had quit on May 20, tendering his resignation – via email – as acting non-executive chairman and independent director from the company with immediate effect. He cited"personal reasons" for his sudden resignation.
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Allied Tech's missing S$33m: Law firm says partner Jeffrey Ong may have ordered withdrawalABOUT S$33 million of missing funds that belonged to Allied Technologies were taken out of an escrow account managed by JLC Advisors, possibly at the instruction of the law firm's managing partner, Jeffrey Ong Su Aun, Allied Tech said on Thursday evening in a filing on the Singapore Exchange. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
JLC lawyer told repeatedly to return S$33m before going incommunicadoFOR two months before going incommunicado, Jeffrey Ong Su Aun - the senior lawyer in the middle of the case of S$33 million of missing funds - fended off requests from his client Allied Technologies to return the money. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Allied Tech's missing S$33m: Law firm says partner Jeffrey Ong may have ordered withdrawalABOUT S$33 million of missing funds that belonged to Allied Technologies were taken out of an escrow account managed by JLC Advisors, possibly at the instruction of the law firm's managing partner, Jeffrey Ong Su Aun, Allied Tech said on Thursday evening in a filing on the Singapore Exchange. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
JLC lawyer told repeatedly to return S$33m before going incommunicadoFOR two months before going incommunicado, Jeffrey Ong Su Aun - the senior lawyer in the middle of the case of S$33 million of missing funds - fended off requests from his client Allied Technologies to return the money. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »