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S$1b Envy Global nickel investment case: Ex-director gets more charges involving S$284 million

S$1b Envy Global nickel investment case: Ex-director gets more charges involving S$284 million Toggle share menu Advertisement S$1b Envy Global nickel investment case: Ex-director gets more charges involving S$284 million Ng Yu Zhi arriving at the State Courts on Apr 20, 2021. (Photo: TODAY/Ili Nadhirah Mansor) 28 Jun 2021 11:59AM) Share this content Bookmark SINGAPORE: A businessman at the centre of fraud allegations linked to a billion-dollar nickel investment scheme was handed additional charges involving more than S$284 million on Monday (Jun 28). Former managing director of commodities trader Envy Global Trading Ng Yu Zhi, 34, was given 12 new charges of cheating and one count of criminal breach of trust as a director.

S pore businessman Ng Yu Zhi, linked to alleged fraud of $1 billion, accused of cheating some notable lawyers

The Straits Times S pore businessman Ng Yu Zhi, linked to alleged fraud of $1 billion, accused of cheating some notable lawyers Ng Yu Zhi is said to have swindled investors into putting at least $1 billion into nickel deals that never took place.ST PHOTO: KELVIN CHNG https://str.sg/3oNo They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

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