How Covid-19 exposed hidden losses, lies to banks: Inside the collapse of one of Asia's biggest oil traders, Hin Leong

Loading player...
Hin Leong was one of the most powerful and secretive names in Asia’s oil trading industry. But an epic gamble by its founder Lim Oon Kuin left the Singaporean company badly exposed, eventually leading to its collapse. Listen to this fascinating story of how one of the world’s biggest oil traders collapsed as the Covid-19 pandemic exposed hidden losses and lies to major banks. This report was brought to you by BizNews partners at Bloomberg. For more analysis on the world’s big business stories, visit BizNews.com. #oil #trading # Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Feb 2021 1AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min