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CAD questions KS Energy chairman Kris Wiluan and son Richard

Chan Chao Peh Published on Sat, Apr 08, 2017 / 10:30 PM GMT+8

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SINGAPORE (April 8): KS Energy's executive chairman Kris Taenar Wiluan and his son, executive director Richard James Wiluan, have been questioned by the white collar crime unit Commercial Affairs Department.

The elder Wiluan has posted bail while the younger man was released with no bail needed, announced the company at nearly 7pm on April 8.

Both men were questioned for possible market rigging, specifically, Section 197 of the Securities and Futures Act.

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