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

LGEs 2026: The ANC, DA, MKP, EFF, IFP, Freedom Front, Patriotic Alliance, ActionSA

In this edition of the NdB Sunday Show with Chris Steyn, Elections Analyst Wayne Sussman dissects the preparedness and likely outcome for South Africa’s top eight political parties ahead of the Local Government Elections in November. He predicts a “car crash” for President Cyril Ramaphosa’s ANC “going into the election…
20 Sep 3AM 24 min

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min