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Singapore 2nd Prime Minister Goh Ghok Tong Son & New Silkroutes Group ex-CEO Goh Jin Hian Found Liable for $146 Million Losses as Director of Now-Insolvent Inter-Pacific Petroleum from 2011 to 2019, Charged for False Trading of Singapore Listed Company New Silkroutes in 2023, Manipulated Share Price to Push Up Share Price Including Using Corporate Trading Account & DBS Private Bank Account 

10th February 2024 | Hong Kong

Singapore 2nd Prime Minister Goh Ghok Tong son & New Silkroutes Group ex-CEO Goh Jin Hian has been found liable for $146 million of losses as Director of the now-insolvent Inter-Pacific Petroleum from 2011 to 2019.  In 2023 September, Goh Jin Hian and 3 other individuals (Kelvyn Oo Cheong Kwan, William Teo Thiam Chuan & Huang Yiwen) had been charged for false trading of Singapore listed company New Silkroutes (Singapore Exchange), manipulating the share price of New Silkroutes to push up share price (31 trading days in 2018) including using company’s corporate trading account & DBS Private Bank account.  The shares of New Silkroutes had been suspended since 15th November 2021.  Goh Jin Hian is New Silkroutes Group CEO from 2015 to 2020.  Goh Chok Tong is Singapore 2nd Prime Minister from 1990 to 2004.  Singapore 1st Prime Minister is Lee Kuan Yew.  

“ Singapore 2nd Prime Minister Goh Ghok Tong Son & New Silkroutes Group ex-CEO Goh Jin Hian Found Liable for $146 Million Losses as Director of Now-Insolvent Inter-Pacific Petroleum from 2011 to 2019, Charged for False Trading of Singapore Listed Company New Silkroutes in 2023, Manipulated Share Price to Push Up Share Price Including Using Corporate Trading Account & DBS Private Bank Account “

 



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Singapore 2nd Prime Minister Goh Ghok Tong Son & New Silkroutes Group ex-CEO Goh Jin Hian & 3 Other Individuals Charged for False Trading of Singapore Listed Company New Silkroutes, Manipulated Share Price to Push Up Share Price Including Using Corporate Trading Account & DBS Private Bank Account

Singapore | Leading financial centre in Asia

21st September 2023 – Singapore 2nd Prime Minister Goh Ghok Tong son & New Silkroutes Group ex-CEO Goh Jin Hian and 3 other individuals (Kelvyn Oo Cheong Kwan, William Teo Thiam Chuan & Huang Yiwen) had been charged for false trading of Singapore listed company New Silkroutes (Singapore Exchange), manipulating the share price of New Silkroutes to push up share price (31 trading days in 2018) including using company’s corporate trading account & DBS Private Bank account.  The shares of New Silkroutes had been suspended since 15th November 2021.  Goh Jin Hian is New Silkroutes Group CEO from 2015 to 2020.  Goh Chok Tong is Singapore 2nd Prime Minister from 1990 to 2004.  Singapore 1st Prime Minister is Lee Kuan Yew.




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