SINGAPORE (June 4): John Soh Chee Wen, the alleged mastermind behind the manipulation of shares in LionGold Corp, Blumont Group and Asiasons Capital (now called Attilan Group), was in court this past week with the two other individuals who have been charged in the case — Quah Su-Ling and Goh Hin Calm. Soh, Quah and Goh were attending their committal hearing, a process in which the court reviews the evidence to be used and determines whether the case should proceed to trial. For keen watchers of what has been called the biggest stock manipulation case in Singapore’s history, the hearing also provides a glimpse of what might unfold at the actual trial.

Pictured from left: Quah, Goh and Soh, who attended the committal hearing for what has been called the biggest stock manipulation case in Singapore’s history

The committal hearing was scheduled to last three days — from May 30 to June 1. During the first two days, before this issue of The Edge Singapore went to print, the court heard that the prosecution would be calling a total of 67 witnesses, including representatives from local brokerage firms and international financial institutions as well as dozens of law enforcement officers and investigators. Meanwhile, defence lawyers for Soh, Quah and Goh sought to cast doubt on the evidence and testimonies lined up by the prosecution.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook