Connect with us

Legal

BP Singapore bunker trial: Prosecution and Defence present submissions (Part 2)

Deputy Public Prosecutor Jiang Ke-Yue presented his case to the court during the BP Singapore bunker trial on Tuesday.

Admin

Published

on

5b6bae09210d0 1533783561

Manifold Times was present at the BP Singapore bunker trial on Tuesday. The following report is part two (of two) focusing on submissions from the public prosecutor and is meant to read as a continuation of part 1 found here.

Prosecution’s submissions
Deputy Public Prosecutor Jiang Ke-Yue, meanwhile, maintained his stand that alleged corruption was involved in the dealings between Chang and Koh.

The court learnt that Koh began operations at Singapore bunker trading firm New Orient and got to know Clarence Chang in 1997. A few years later, Chang asked Koh to set up PPT to be the trading counterparty of BP and suggested that Chang be a shadow partner or co-owner of the firm.

“Now we have profit and loss figures for PPT where the figure we see was $8 million in 2015, not bad compared to $100,000 which Mr Koh put in [to setup PPT]. What did Chang put in? Nothing! Although he described himself as a co-owner and shadow director,” said Jiang.

“The defence urges your honour to consider them in isolation but the totality of the situation must be considered. The payment request cannot be considered in isolation but must be considered when it all began when Chang and Koh setup PPT.”

According to Jiang, Chang and Koh were two key figures in the setting up of PPT.

“It is simply that this was a case of Chang asking Mr Koh having to pay because if he did not, his fears will be realised as he was paying to keep PPT’s business with BP,” he explained the duo’s alleged working relationship.

“Firstly, an unequal bargaining positon. It was Chang who initiated the setup, it was Chang who would make or break PPT […] It was Chang who opened the door to PPT, and it was Chang upon whom PPT’s fortunes will depend on.

“The second feature is unwritten profit sharing; [Chang] had no share in PPT yet he described himself as co-owner and shadow partner. Why was payment given as business grew? He calls this as was what was due to him, simple as that.”

“The unequal relationship and an excuse to take money, we submit your honour that this case is no different from those retainers who take a future ulterior motive,” noted Jiang, referring to the period when Chang started receiving money from Koh five years after PPT started business with BP in 2001.

“Chang initiated the setup, he was there when PPT fortunes grew; all the while he had not disclosed this conflict to his employer,” he added.

District Judge Ong Chin Rhu, after hearing respective submissions of the Prosecution and Defence, decided more time is needed to consider the submissions and recommended the prosecution to tweak certain charges in relation to the case for hearing at a future date.

Related: BP Singapore bunker trial: Prosecution and Defence present submissions (Part 1)
RelatedBP Singapore bunker bribery case update: BP bunker trade data in question
RelatedBP Singapore bunker bribery case update: CPIB officer takes to the stand
RelatedUPDATE: BP Singapore bunker bribery case
RelatedBP Singapore bunker bribery case continues

Photo credit: Chensiyuan / CC BY-SA 4.0
Published: 9 August, 2018

 

Continue Reading

Winding up

Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings of companies/creditors will be held electronically from between 21 July to 5 for 11 subsidiaries of Xihe Holdings.

Admin

Published

on

By

Resized benjamin child

Several notices were published on the Government Gazette on Tuesday (26 May) regarding the annual general meetings of the companies and creditors to be held electronically from between 21 July to 5 August for 11 subsidiaries of Xihe Holdings. 

Annual general meetings for Xin Dun Shipping are to be held on 21 July at the following time:

  • For the company and creditors: 4pm

Annual general meetings for Xin Ya Shipping are to be held on 24 July at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Xin Chun Shipping are to be held on 21 July at the following times:

  • For the company: 2pm
  • For the creditors: 3pm

Annual general meetings for Nan Sia Maritime are to be held on 24 July at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Nan Hai Maritime are to be held on 23 July at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Hua Xin Shipping are to be held on 4 August at the following time:

  • For the company and creditors: 3pm

Annual general meetings for Hua Kang Shipping are to be held on 23 July at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Hua Gang Shipping are to be held on 4 August at the following time:

  • For the company and creditors: 2pm

Annual general meetings for Hua An Shipping are to be held on 22 July at the following time:

  • For the company and creditors: 4pm

Annual general meetings for Dong Fang Shipping are to be held on 22 July at the following times:

  • For the company: 2pm
  • For the creditors: 3pm

Annual general meeting for Nan Ya Maritime is to be held on 5 August at the following time:

  • For the company: 2pm

The agenda for all the meetings are:

  • To receive an update on the liquidation.
  • To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up.

The following are the details of the liquidator: 

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

 

Photo credit: Benjamin Child
Published: 7 July, 2026

Continue Reading

Winding up

Singapore: Nan Shan Maritime liquidator issues notice of intended dividend

Creditors will need to produce proofs of debt to liquidator of Nan Shan Maritime by 14 July, according to Government Gazette notice.

Admin

Published

on

By

steve pb from Pixabay

A notice to declare intended dividend of Nan Shan Maritime Pte Ltd to its creditors has been posted on the Government Gazette on Tuesday (30 June).

The following are the details of the notice of intended dividend:

Name of Company : Nan Shan Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701967H
Address of Registered Office : 10 Anson Road, #10-10, International Plaza, Singapore 079903
Last Day for Receiving Proofs : 14 July 2026
Name of Liquidator : Tam Chee Chong
Address : c/o 10 Anson Road, #10-10, International Plaza, Singapore 079903

 

Photo credit: steve pb from Pixabay
Published: 1 July, 2026

Continue Reading

Winding up

Singapore: Kekal Shipping Pte Ltd to undergo voluntary wind up

A liquidator has been appointed at an extraordinary general meeting held on 18 June for the purpose of winding up the company’s affair, according to Government Gazette notice.

Admin

Published

on

By

RESIZED Jo_Johnston from Pixabay

A notice in the Government Gazette was published by the Director of Kekal Shipping Pte Ltd on Friday (26 June), regarding resolutions that were passed in relation to the winding up of the company.

The following resolutions were duly passed during an an Extraordinary General Meeting of the company, which was held at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632 on 18 June at 10am:

SPECIAL RESOLUTION

RESOLVED that the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

ORDINARY RESOLUTION

RESOLVED that Ms Lee Yan Huei of Messrs Acclime Corporate Advisory Singapore Pte. Ltd. be appointed liquidator of the Company for the purpose of such winding up

 

Photo credit: Jo_Johnston from Pixabay
Published: 30 June, 2026

Continue Reading

Trending