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Singapore’s High Court has sentenced the masterminds behind the country’s largest stock market manipulation to decades in jail, according to a joint statement on Wednesday from the Attorney-General’s Chambers, Singapore Police Force and Monetary Authority of Singapore.
<p><span>On 28 December 2022, the High Court sentenced Mr Soh Chee Wen (also known as John Soh), and Ms Quah Su-Ling to a total of 36 and 20 years’ imprisonment respectively for, among other things, orchestrating an elaborate scheme to manipulate the shares of Blumont Group Ltd, Asiasons Capital Ltd and LionGold Corp Ltd between August 2012 and October 2013, and cheating two financial institutions. </span></p>
LIC ties up with Paytm to handle all its digital payments File photo State-run insurance firm, Life Insurance Corporation has appointed Paytm, digital payments major, to facilitate its digital payments. What this means is that LIC policy holders can now pay their premium using Paytm. Sources told Times of India, LIC had tied up with another payment gateway earlier but has now signed a new deal with Paytm as most of its payments have moved to digital modes. The news report said 17 payment platforms had aggressively bid, but Paytm bagged the contract due to its ability to straddle multiple pay...