Police investigating debt-laden oil trader Hin Leong Trading: What we know so far

Police investigating debt-laden oil trader Hin Leong Trading: What we know so far

Channel NewsAsia - Business·2020-04-21 19:55

Besides oil trading, Hin Leong also has operations across terminal and storage, bunker supply, lubricants manufacturing and inland transportation services. (Photo: Hin Leong's website)

SINGAPORE: The Singapore police have begun investigating Hin Leong Trading after the home-grown oil trader filed for bankruptcy protection amid a startling revelation from its billionaire founder that the firm had failed to disclose hundreds of millions in losses over several years.

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