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Bangkok Post
Bangkok Post
Business

Singapore seeks 40 years in jail for stock market manipulator

Singapore Straits Times
An SGX sign is pictured at Singapore's stock exchange. (File photo: Reuters)

Singapore prosecutors are seeking a 40-year jail sentence for John Soh Chee Wen for his role in the financial centre’s biggest case of stockmarket manipulation that caused almost US$8 billion in losses in 2013.

The Straits Times reported that prosecutors are also seeking a 19 1/2-year jail term for his ex-girlfriend, Quah Su-Ling. The pair were convicted on all 10 charges of market manipulation brought against them under the Securities and Futures Act.

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