Singapore court hands 17-year jail term to OK Lim 

Lim Oon Kuin, founder of Hin Leong, a now-defunct oil trader in Singapore, has been sentenced to 17-and-a-half years in prison for cheating HSBC and abetting forgery, involving $111.7m. The collapse of Hin Leong in 2020, one of Asia’s biggest fuel suppliers, led to a fleet sell-off, with Lim and his children agreeing to pay $3.5bn to liquidators and HSBC, while facing bankruptcy applications.

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