Ong Ah Huat (left) and Huang Peishi submitted fictitious sales contracts to eight banks to obtain financing.- ST
SINGAPORE (The Straits Times/ANN): Two former employees of a crude oil products supplier appeared in a district court on Friday (June 12) over their alleged links to a cheating case involving more than US$340 million (S$470 million) in loans.
Ong Ah Huat, 60, was the former chief finance officer of Coastal Oil Singapore, and Huang Peishi, 33, used to be a treasury manager at the firm.
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