Cheng was one of the witnesses who took the stand recently at the long-running trial of Soh who is accused of allegedly manipulating the BAL stocks with co-accused Quah Su-Ling, who is also Soh’s mistress.
Adeline Cheng Jo-Ee said she felt foolish and deeply hurt when all the cash and shares given to her and her father by lover John Soh Chee Wen were “wiped out” after he had asked her to invest in shares of Blumont Group.
Blumont was one of the three stocks collectively known as BAL that crashed spectacularly back in 2013. The other two stocks were Asiasons Capital and LionGold Corp.
