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Singapore Court Approves $3.5 Billion Asset Freeze for Hin Leong Founder by Ship & Bunker News Team Monday May 24, 2021 A $3.5 billion owned by Singapore s High Court accepted a request for the asset freeze on behalf of the company s liquidators on Friday, news agency Reuters reported on Monday, citing comments from the liquidators. The liquidators now plan to require the Lim family to disclose their assets. Hin Leong collapsed last year in the wake of the crude-price crash and allegations of forged documents being used to secure funding from banks. The firm and its subsidiary Ocean Bunkering, formerly one of Singapore s top marine fuel suppliers, has been wound up. ....
04 May 2021 - 11:11 The high court has granted an order freezing the assets of Mangope France Hlakudi, Antonio Jose Da Costa Trindade, Abram Abei Masango and Maphoko Hudson Kgomoeswana. File photo. Image: Alaister Russell/The Sunday Times The Pretoria high court has granted the National Prosecuting Authority’s (NPA s) Investigating Directorate (ID) an order to freeze R1.4bn in assets belonging to former Eskom executives and former Tubular Construction Projects contractors. “Former Eskom senior manager for capital contracts France Hlakudi, the company’s former group executive for group capital, Abram Masango, former Tubular Construction Projects CEO Antonio Trindade, businessman Maphoko Kgomoeswana, former Tubular Holdings executive adviser Michael Lomas, six companies owned by these individuals were served with the order,” said ID spokesperson Sindisiwe Seboka. ....