Ex-IPP director Goh Jin Hian wins appeal, court says firm failed to prove his breach caused losses
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Ex-IPP director Goh Jin Hian wins appeal, court says firm failed to prove his breach caused losses
SINGAPORE — The Court of Appeal has found Goh Jin Hian, a former director of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP), is not liable to pay US$146 million (S$187 million) plus interest in compensation for losses suffered by the firm. In overturning a lower court ruling that found Goh was not entitled to relief from liability, the Appellate division...
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