New oil scandals put the spotlight on Singapore's rule of law

It is crucial that the cases concerning million dollar fraud at oil traders Hin Leong and Zenrock are handled by the book, says a maritime lawyer. He notes that Singapore's reputation as a state where everyone is equal under the rule of law is at stake.


Singapore's handling of two unfolding oil scandals is likely to be watched closely by the international business community, says a shipping lawyer who has been based in the country for close to a decade.

During the last month, two Singaporean oil trading companies have become embroiled in cases of potential fraud for billions of dollars.

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