As prosecution witness Ken Tai Chee Ming returned to the stand, he picked up where he left off the week before. Tai repeatedly denied that he had made unauthorised trades in order to “churn” more commissions for himself. However, on Jan 17, he admitted that he had raked in thousands of dollars’ worth of commissions in a single day from the trading of shares in LionGold Corp.
SINGAPORE (Jan 31): The third tranche in the trial of John Soh Chee Wen and Quah Su-Ling, the alleged masterminds behind the 2013 penny stock crash has been adjourned to after the Lunar New Year. But there was no lack of drama in the final week of proceedings before the break.
First, the hearings for Jan 14 and Jan 15 were cancelled after Soh – who has been held in remand since November 2016 – fell ill. It resumed later than scheduled on Jan 16, after Soh again visited the doctor but was declared fit enough to attend court.
