SINGAPORE (Oct 4): A witness in the trial of the alleged masterminds of the 2013 penny stocks crash, John Soh Chee Wen and Quah Su Ling, today admitted to manipulation of the stock market for his own gain.

However, the witness, former broker Ken Tai Chee Ming, said he is only admitting to manipulation in order to “make him [Senior Counsel N. Sreenivasan] happy” after a protracted and frustrating back-and-forth that ended only when Justice Hoo Sheau Ping intervened.

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