Home Issues 2013 Penny Stock Crash

IPCO former CFO Smith says not aware how share trading works

The Edge Singapore
The Edge Singapore2/26/2021 07:00 AM GMT+08  • 10 min read
IPCO former CFO Smith says not aware how share trading works
Defence lawyers of John Soh, Quah Su-Ling try to discredit claims by ex-IPCO CFO that he did not know how share trading works.
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Carlson Clark Smith, the former CFO of IPCO International, resisted attempts by defence lawyers of John Soh Chee Wen and Quah Su-Ling to show he knew all along trading accounts opened under the name of the company and its subsidiaries were used for trading shares of Blumont Group, LionGold Corp and Asiasons Capital.

The defence lawyers also tried to discredit claims by Smith that he did not know how share trading works.

Smith, also a former executive director of IPCO, was among the latest prosecution witnesses to take the stand in the long-running trial of Soh and Quah, who was Smith’s CEO at IPCO.

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