Fabled oil trading giant Hin Leong, whose dramatic downfall is described as one of the biggest trading failures in Singapore in recent years, is facing mounting scrutiny from the authorities, with the Singapore police and other regulators now probing the company.
The Singapore Police Force confirmed yesterday that investigations are ongoing, while the Accounting and Corporate Regulatory Authority (Acra) said it is "monitoring the case and will assess if further action is warranted".
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