In one instance, Tai revealed how some $40 million from an acquisition deal of Sino Construction – one he helped Soh broker with Edward Lee Ewe Ming – had been transferred to another account belonging to the mother of Soh’s alleged co-conspirator and girlfriend Quah Su-Ling. Tai had been informed of this by the then chairman of Sino Construction, Andy Chee.
SINGAPORE (Oct 3): John Soh Chee Wen, alleged mastermind of the 2013 penny stock crash, was a boss who did not treat closest members of his market-rolling gang well.
This was revealed in court on Thursday as the prosecution finished up its examination-in-chief of prosecution witness Ken Tai Chee Ming, who was once part of Soh’s “inner circle”.
