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Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion

Singapores High Court approved former oil tycoon Lim Oon Kuins agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multi-year civil cases against him and his family.

Posted by Hicham ALAOUI RIZQ on 2024, Sep 30

Introduction

Singapores High Court approved former oil tycoon Lim Oon Kuins agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multi-year civil cases against him and his family.

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