Home News 2013 Penny Stock Crash

Counsels put forth closing submissions as trial of John Soh and Quah Su-Ling draws to a close

Amala Balakrishner
Amala Balakrishner12/3/2021 8:45 PM GMT+08  • 4 min read
Counsels put forth closing submissions as trial of John Soh and Quah Su-Ling draws to a close
John Soh Chee Wen was back in court on Dec 3
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John Soh Chee Wen – the alleged mastermind of the 2013 penny stock crash – was back in court on Dec 3, as both the prosecution and defense counsels put forth their closing submissions to Justice Hoo Sheau Peng.

This comes close to six months after the long-drawn trial – which spanned nearly 200 days – stood down. In this time, 96 prosecution witnesses had taken the stand, while the defense had called upon one witness.

Deputy Public Prosecutor (DPP) Teo Guan Siew told the court that Soh’s “stories were not believable” He went on to question how an incredibly busy man like Soh would have the time to dispense advice on trades to be done.

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