06
Jun
Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
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[SINGAPORE] The Appellate Division of the High Court has partially allowed an appeal by Goh Jin Hian against having to pay damages for breaching his duty of care as a then-director of the insolvent marine-fuel supplier, Inter-Pacific Petroleum (IPP). The ruling on Thursday (Jun 5) said that Dr Goh had breached his duty of care as a result of not being aware of IPP’s cargo trading business – not because he had failed to open a probe into red flags surrounding the company. The justices presiding were Tay Yong Kwang,... Read More




