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Singapore: Innovek seeks USD 1.1 million claim against former Director of Bunker House Petroleum

04 May 2020

Singapore bunkering firm Innovek Pte Ltd in March filed a claim of USD 1.1 million (exact: USD 1,057,267.62) against the former Director of Singapore bunker supplier Bunker House Petroleum at the High Court of the Republic of Singapore, showed documents obtained by Manifold Times.

Chua Chin Lan, adjudged bankrupt by the court in late August 2019, was among defendants earlier facing a claim of USD 3.9 million (exact: USD 3,922,368.65) from bunker supplier Global Energy Trading Pte Ltd over the delivery of marine fuel in or around December 2018 and January 2019.

The latest development alleges the individual facing a debt totalling approximately USD 5 million due to personal guarantees undertaken with Innovek and Global Energy Trading.

Related: Global Energy Trading takes Bunker House Petroleum to court over alleged debt


Photo credit: Manifold Times
Published: 4 May, 2020

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