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International Business Times
International Business Times
Business
AFP News

Disgraced Singapore Oil Tycoon To Be Sentenced For Fraud

High profile corruption cases are rare in Singapore (Credit: AFP)

The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.

Lim Oon Kuin, better known as O.K. Lim, was convicted in May in the case that dented the city-state's reputation as a top Asian oil trading hub.

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