Legal

Singapore: Lawyers of OK Lim and daughter accuse former PA of lying in her testimony

Lawyers of Hin Leong Trading (Pte) Ltd founder Lim Oon Kuin and his daughter Lim Huey Ching accused former personal assistant Serene Seng of exaggerating and lying in her testimony in a civil trial.

Published

7 months ago

February 13, 2024

Admin

The lawyers of Hin Leong Trading (Pte) Ltd founder Lim Oon Kuin and his daughter Lim Huey Ching on Thursday (8 February) accused former personal assistant Serene Seng of exaggerating and lying in her testimony in a civil trial, according to The Business Times.

Davinder Singh Chambers represented Lim Oon Kuin, also known as OK Lim, and a team from Advocatus Law represented his daughter.

According to the report, Seng was among those called to the stand as witnesses in the civil trial in which PwC liquidators and HSBC are suing Lim, his two children and Seng for a total of USD 3.5 billion (SGD 4.7 billion). The liquidators have filed a separate case from HSBC, but the hearings are being conducted jointly in the High Court.

Davinder Singh questioned Seng through a series of excerpts from former Hin Leong employees. One of them was that the former employees said in their testimonies that they “did not have any work dealings” with OK Lim and met him only “probably occasionally”. However, Seng had said that OK Lim had always been involved in the operations of the group and made all its operational decisions.

Seng disagreed when Singh suggested that she had “exaggerated” her evidence about OK Lim supervising everyone in an attempt to implicate him after she was unable to comment on the statements from the other employees.

Christopher Anand Daniel of Advocatus Law, lawyer of OK Lim’s daughter Lim Huey Ching, focused on the differences between Seng’s affidavits filed during the criminal proceedings and her statement to PwC recorded on 30 September, 2020.

Daniel said Seng had given “quite graphic evidence” during the criminal proceedings of how Lim Huey Ching had flagged a problem with the payment for a contract to sell oil to China Aviation Oil (Singapore) – with a slew of intricate details. But her statement to PwC regarding this conversation was missing the details.

The civil trial resumes on 13 February, when lawyers representing the liquidators will resume calling their witnesses to the stand.

An extensive coverage by Singapore bunkering publication Manifold Times regarding the fall of Hin Leong can be found below:

Photo credit: Manifold Times
Published: 13 February, 2024

Vessel Arrest

Singapore: Indonesian-flagged tanker “SC Explorer LIII” placed under Sheriff’s arrest

Vessel was arrested at 1.10am on 12 September and is currently held at Western Petroleum Anchorage B; arresting solicitor was law firm Incisive Law LLC.

Published

1 hour ago

September 13, 2024

Admin

Indonesian-flagged tanker “SC Explorer LIII”

An Indonesian-flagged oil products tanker, SC Explorer LIII, was arrested in Singapore waters on Thursday (12 September).

The vessel, previously named British Explorer, was added to the list of vessels under Sheriff’s arrest in Singapore’s court system.

According to the list, the vessel was arrested at 1.10am and the arresting solicitor listed was law firm Incisive Law LLC. The ship is currently held at Western Petroleum Anchorage B.

No details regarding the reason behind the arrest were provided in the list.

Photo credit: MarineTraffic / Ivan Meshkov
Published: 13 September, 2024

Winding up

Singapore: Liquidators arrange creditors meeting for Vanda Marine Services

Meeting will be held at 60 Paya Lebar Road, #05-40 Paya Lebar Square Singapore 409051 on 20 September at 3pm, according to Government Gazette notice.

Published

2 days ago

September 11, 2024

Admin

A meeting for creditors of shipping and chartering services provider Vanda Marine Services Pte Ltd, which is in voluntary liquidation, has been scheduled to take place on 20 September, according to a Government Gazette notice on Tuesday (10 September).

The meeting will be held at 60 Paya Lebar Road, #05-40 Paya Lebar Square Singapore 409051 at 3pm.

The agenda of the meeting will be as follows:

To receive a statement of the assets and liabilities of the Company; and
To consider appointing a person to be the liquidator in place of the liquidator appointed by the Company.

Notes:

A creditor who wishes to obtain information concerning the affairs of the Company, may request by email to the liquidator’s office at: [email protected].
The creditors may, at the abovementioned meeting, appoint a person to be the liquidator for the purpose of winding up the affairs and distributing the assets of the company in place of the liquidator appointed by the Company.
The proxy must be lodged with the liquidator not later than 12.00pm on 19 September 2024 if you wish to attend the meeting.

Related: Singapore: Vanda Marine Services undergoes voluntary liquidation

Photo credit: steve pb from Pixabay
Published: 11 September, 2024

Vessel Arrest

Singapore: Vietnam-flagged tanker “GT Unity” placed under Sheriff’s arrest again

Ship was added to list of vessels under Sheriff’s arrest in Singapore’s court system and it is currently held at Raffles Reserved Anchorage; arrest was made on behalf of Resource Law LLC.

Published

4 days ago

September 10, 2024

Admin

Vietnam-flagged oil and chemical tanker GT Unity was arrested for the third time in Singapore waters on Thursday (5 September).

The 7,631 DWT vessel was added to the list of vessels under Sheriff’s arrest in Singapore’s court system.

According to the list, the vessel was arrested at 10.45am and the arresting solicitor listed was law firm Resource Law LLC. The ship is currently held at Raffles Reserved Anchorage.

No further details regarding the reason behind the arrest were provided in the list.

Manifold Times previously reported GT Unity was arrested in the republic on 6 December, 11 October and 10 March last year.

Related: Singapore: Vietnam-flagged tanker “GT Unity” arrested again, bulk carrier also detained
Related: Vietnam-flagged tanker “GT Unity” arrested again in Singapore
Related: Vietnam-flagged oil and chemical tanker “GT Unity” arrested in Singapore

Photo credit: Manifold Times
Published: 10 September, 2024