He is accused of manipulating the price of an investment holding company.
SINGAPORE: The son of Singapore’s former prime minister Goh Chok Tong has been charged with market rigging offences, police said today.
Another man, the director of a commercial market maker engaged by New Silkroutes Group at the time, was also charged with similar offences. They allegedly engaged in “a conspiracy to create a misleading appearance with respect to the price of NSG securities”, the statement said. Goh faces another eight counts of false trading for allegedly placing orders and trading NSG securities through his personal trading account to push up their prices between Aug 31 and Dec 4, 2018.
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