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Hyflux trial: Olivia Lum and 5 co-accused will not be testifying as judge calls on defence

World 1 source 1 country 🔦 Under-reported 8m ago

Former Hyflux executive chairman Olivia Lum and five other former senior personnel will not testify in their ongoing trial. The decision follows the conclusion of the prosecution's case, which centers on allegations that the defendants failed to disclose critical information regarding the Tuaspring water desalination project to investors in 2011. The judge has now called upon the defense to present its case. The proceedings address legal accountability regarding transparency and corporate disclosure obligations during the development of the Tuaspring facility.

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Read the full story at the source Channel NewsAsia · SG ↗
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