Former oil tycoon OK Lim’s grandson fails to keep Tanglin condo from creditors’ reach
The Straits Times · Grace Leong ·
High Court rules Tanglin condo stays in Lim Huey Ching’s bankruptcy estate after failed trust claim by OK Lim’s grandson. Read more at straitstimes.com.
- The High Court rejected Denzel Pak Juin Tern’s bid to keep a Tanglin condo worth over $4.5 million out of bankrupt Huey Ching’s estate.
- Judge Low Siew Ling said the claim of a trust for Huey Yih was full of inconsistencies and lacked any contemporaneous records or written proof.
- The court found Huey Ching was the real owner, and said the case was a last-ditch move to shield the property from creditors.
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