Teakwood investment ruse: Offender’s father given discharge not amounting to an acquittal

  • 📰 straits_times
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 69%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

SINGAPORE - An elderly man said to be a director of a firm, who had been charged with acquiring more than $405,000 of another person’s ill-gotten gains, has been given a discharge not amounting to an acquittal. Read more at straitstimes.com.

SINGAPORE - An elderly man said to be a director of a firm, who had been charged with acquiring more than $405,000 of another person’s ill-gotten gains, has been given a discharge not amounting to an acquittal.

According to court documents, his father represented himself as a director of an Indonesia-incorporated company called PT Abby Resources Minerals. Between December 2014 and July 2016, PT Abby offered investment schemes that were marketed by Prosperity Ventures to investors in Singapore. Mr Goh, who is a Singaporean, was represented by lawyers Clement Tan, Pi Wei Ng, and Colin Tan from Selvam LLC. Speaking on his behalf, Mr Clement Tan said: “My client and his family are relieved that this matter is finally over... My client has not returned home in the last five years as a result of this case hanging over his head.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines