Soh was convicted of 180 charges and sentenced by High Court Judge Hoo Sheau Peng on Dec 28, 2022, to 36 years in jail. Quah was found guilty of 169 charges and given 20 years behind bars. The charges involved false trading, price manipulation, deception, cheating and — in the case of Soh — witness tampering.
The appeal hearing of convicted market manipulators Soh Chee Wen and Quah Su-ling got off to a bumpy start for the defence, with the apex court rejecting several arguments put forward to quash the pair’s convictions for their roles in Singapore’s largest securities fraud.
Soh, an undischarged bankrupt, and Quah, his co-conspirator and girlfriend, were found guilty of manipulating the shares of Blumont Group, Asiasons Capital and Liongold Corp — collectively known as BAL — between August 2012 and October 2013.
