Goh was alleged to have failed to discover and stop drawdowns in trade financing between June 2019 and July 2019 to fund alleged non-existent or sham transactions.
Dr Goh Jin Hian has won his appeal against Inter-Pacific Petroleum Pte Ltd (IPP) after the High Court previously awarded IPP of US$146.1 million.
IPP previously commenced proceedings against Goh for allegedly breaching his duties as a director to act with care, skill and diligence and in the best interests of IPP’s creditors (creditor duty).
