2013 penny stocks crash trial to continue on Friday

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Judge will make a decision on the prosecution's application for the amendment of 178 charges. FMTNews

SINGAPORE: The second tranche of a joint trial involving Malaysian businessman John Soh over the 2013 penny stocks crash will continue on Friday with the High Court judge expected to make a decision on the prosecution’s application for the amendment of 178 charges.

Justice Hoo Sheau Peng is also expected to give her decision related to the arguments on litigation privilege. On the 19th day of the first tranche of the trial, deputy public prosecutor Peter Koy had objected to the defence’s line of questioning. He further objected, pointing out that the witness’ conditioned statement was protected by litigation privilege which the defence should not venture into, and that the prosecution was prepared to make a written submission on the matter.

 

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