Singapore Oil Tycoon Who Founded Hin Leong Denies HSBC's Forgery Claim
- Lim said trade records for bank lending were falsely delivered
- HSBC sued Lim and his family to recover $85.3 million in loans
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Oil Tycoon Lim Oon Kuin, founder of troubled Singaporean oil trader Hin Leong, denied allegations by the company’s biggest creditor that he used forged documents to obtain financing.
HSBC Holdings Plc is suing Lim, his children, and a Hin Leong Trading Pte employee to recover $85.3 million in financing that the bank alleges they obtained with forged accords.