"Accusation of Deleting Data by Petrol Devi Hin Leong's Daughter"

Hin Leong Trading, known as one of the giants in the oil trade, continues to draw attention with its collapse. This event, symbolizing the end of an era in the Singapore business world, centers around the disputes between the company's founder Lim Oon Kuin (OK Lim) and his daughter Lim Huey Ching.

In 2024, OK Lim was sentenced to 17.5 years in prison for fraud and forgery, making him a significant figure in the company's history. However, the problems do not stop there; now all eyes are on his daughter, Lim Huey Ching. The 58-year-old Lim Huey Ching is accused of ordering the deletion of critical data from the company's computer systems. This situation complicates the history and bankruptcy process of Hin Leong Trading even further.

According to the prosecution’s claims, Lim Huey Ching gave a clear directive to the IT manager on April 13, 2020, ordering that all company data be irreversibly deleted. This order includes not only current data but also the destruction of old backups. Serious doubts have emerged regarding who should have the authority to delete this critical data in the company’s history, with Lim being the only presumed proper respondent.

Lim Huey Ching strongly denied the allegations during her court hearing. Defending herself by saying, "I did not do it," Lim claims that this situation is entirely a misunderstanding. These statements have sparked significant discussions in court, raising questions about Lim's role in this process.

The bankruptcy of Hin Leong Trading and the associated corruption allegations have caused deep tremors in the sector while also bringing the issue of financial fraud to the forefront on a larger scale. Investors and industry experts are keenly monitoring how this situation will affect the dynamics of both the company and the Singapore market in the upcoming period.

In conclusion, the crisis experienced by Hin Leong Trading is creating significant repercussions at both individual and institutional levels. Lim Huey Ching’s responsibilities and the consequences of these responsibilities will continue to spark discussions in the business world.