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Goh quits as New Silkroutes chairman amid lawsuit and CAD probe

The Edge Singapore
The Edge Singapore10/15/2020 11:29 PM GMT+08  • 2 min read
Goh quits as New Silkroutes chairman amid lawsuit and CAD probe
Finance director William Teo Thiam Chuan has quit as well
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Goh Jin Hian, who took over as chairman of New Silkroutes Group just a fortnight ago, has resigned from this position to “devote more time to personal affairs”. His resignation comes just over a week after he quit as chairman of another listed company CordLife Group.

Goh, son of former prime minister Goh Chok Tong, is in the news recently. He is being sued by the judicial managers of a fuel trading firm Inter-Pacific Petroleum for alleged breach of duties when he was its director. The firm suffered some US$156 million in losses.

See also: NSG confirms chairman Goh is under CAD probe, appoints new CEO

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