SINGAPORE (March 22): The long-awaited trial of John Soh, the alleged mastermind behind the manipulation of shares in Blumont, LionGold and Asiasons Capital (now Attilan Group) back in 2013, will start on Monday.

Together with his alleged co-conspirator and girlfriend Quah Su-Ling, he will face evidence painstakingly assembled by investigators over the last five years, and testimony from some of his closest associates who were involved in the massive rise and sudden collapse of Blumont, LionGold and Asiasons which wiped out S$8 billion from the Singapore stock market.

On March 20, Goh Hin Calm appeared in a packed courtroom to plead guilty to two of the six charges of aiding and abetting Soh and Quah. Goh, who has been described as a “treasurer” in the operation, was sentenced to jail terms of three years for each of those charges, which are to run concurrently.

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