Goh Jin Hian testifies in false trading trial, says he believed market-making services 'completely legal'
"I was very sensitive to anything wrong being done because of the reputation of the individuals in the board and even to my own reputation," Dr Goh Jin Hian said as he took the stand.
Former NSG CEO Dr Goh Jin Hian testified in his false trading trial on September 29, stating he was unaware of market-making services being used by the company in 2018. Dr Goh, the son of former Prime Minister Goh Chok Tong, said he believed market-making services provided by GTC Group were completely legal, despite being unfamiliar with the industry.
He described sensitivity to wrongdoings due to the reputations at stake, including his own. Dr Goh and NSG faced charges of conspiring to manipulate NSG's share price, with Dr Goh on trial alongside NSG's former COO Kelvyn Oo Cheong Kwan. Both were accused of engaging in the conspiracy, with other key figures including market maker Huang Yiwen and former NSG Finance Director William Teo Thiam Chuan having been convicted and sentenced.
Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
