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Two stock market manipulation precedents invoked as prosecutors call for 3-year sentence for Goh Hin Calm

Stanislaus Jude Chan
Stanislaus Jude Chan3/20/2019 05:20 PM GMT+08  • 4 min read
Two stock market manipulation precedents invoked as prosecutors call for 3-year sentence for Goh Hin Calm
SINGAPORE (Mar 20): State prosecutors have called for Goh Hin Calm to be jailed a total of three years, after taking into account two sentencing precedents involving stock market manipulation.
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SINGAPORE (Mar 20): State prosecutors have called for Goh Hin Calm to be jailed a total of three years, after taking into account two sentencing precedents involving stock market manipulation.

The alleged “treasurer” in the 2013 penny stock crash, Goh on Wednesday pleaded guilty to two charges under Section 197 of the Securities and Futures Act.

The prosecution called for a sentence of three years’ imprisonment for each of the charges, with the two sentences to run concurrently.

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