Business · Singapore Bureau
Businessman testifies market-making services were lawful in trading trial
Dr Goh Jin Hian told the court he believed the services in question were entirely legitimate, citing his concern for protecting the reputations of board members and himself.
LSN Singapore ·

Dr Goh Jin Hian took the stand in a false trading trial, testifying that he held genuine beliefs about the legality of market-making services at the centre of the case. The businessman emphasised his heightened vigilance regarding compliance, stating he was acutely conscious of any potentially improper conduct. "I was very sensitive to anything wrong being done because of the reputation of the individuals in the board and even to my own reputation," Dr Goh said during his testimony. His statement underscored the defence position that those involved in the services operated under the conviction that their activities were entirely lawful. The trial centres on allegations of false trading practices, with Dr Goh's testimony providing a key account of the accused's understanding of the regulatory landscape at the time.