Home News 2013 Penny Stock Crash

Soh reinforces that he did not give trading instructions in day 7 of his defence

Amala Balakrishner
Amala Balakrishner5/24/2021 7:13 PM GMT+08  • 7 min read
Soh reinforces that he did not give trading instructions in day 7 of his defence
Soh continued to maintain that the trades made in the lead up to the crash were not based on instructions given by him.
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Photo of John Soh: Bloomberg

It is the seventh and final day of his examination-in-chief by his defence counsel and John Soh – the alleged mastermind of the 2013 penny stock saga – maintained that the trades made in the lead up to the crash were not based on instructions given by him.

To illustrate this, he pointed out what he called “clear days” where there had been trading activities by the trading representatives, despite them not having communicated with Soh between 8.30am and 5.05pm.

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