SINGAPORE (Jan 8): Prosecution witness Ken Tai Chee Ming conceded in court on Wednesday that John Soh Chee Wen, the alleged mastermind behind the 2013 penny stock crash, did not explicitly tell him to lie to the Commercial Affairs Department.

According to Tai, he had gone with Husein Tjoa to see Soh, when they heard that CAD had launched an investigation into the stock market crash of Oct 4, 2013.

Tai had earlier claimed in his conditioned statement that Soh had told him to “sing to the tune”.

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