Maybank Singapore and SocGen have exposure of USD 88.3 million and USD 81.3 million apiece; legal fees are estimated to be USD 734,047, reports Business Times
Singapore Criminal Investigation Department alleges Pai Keng Pheng dishonestly received about 2,916 mt of marine gasoil valued at USD 1.36 million in 2017.
The staff members have been placed on leave since July after being named in disputes between banks and other commodity trading firms, reports Bloomberg.
The firm will be cooperating with CAD and MAS to assist the investigation, and its operations have not been affected and will continue as usual, says...
The application was filed on 18 September, and a hearing has been scheduled for 10.00 am on Friday (9 October) at the High Court of the...
OCBC has lost all confidence in the companies’ management and is looking to recover payments for some loans including a “Jumbo Loan” of about USD 282...
The vessel was found by the patrol team at 12 pm on Tuesday (22 September) about 4.5 nautical miles southeast of Tanjung Piai; it was carrying...
Credit Suisse Singapore applied for the vessel sale in August, and anyone with a claim against the vessel should contest within 90 days of the payment.
The vessel was spotted by the MMEA patrol team at about 11.20 am, 11 nautical miles east of Tanjung Penawar while carrying out routine inspections on...
This is the second offence within a year for TG 90959TS, the vessel was caught carrying 45,000 litres of illegal diesel oil in October 2019.
