
South Korean navy says patrol aircraft carrying 4 people crashed
SEOUL: South Korea's navy said a maritime patrol aircraft with four people on board crashed near a military base in the southern city of Pohang on Thursday (May 29).
The crash happened at 1.43pm (12.43pm Singapore time), the South Korean navy said in a statement.
The navy was trying to confirm the cause of the accident and the number of casualties, it said.
Earlier, the Yonhap News Agency reported the plane crashed in the mountains on the east coast, citing authorities.
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Hong Kong appoints New Zealand judge to top court
HONG KONG: A New Zealand judge has been appointed as a justice of Hong Kong's top court, after a years-long exodus of overseas jurists following Beijing's imposition of a sweeping security law on the finance hub. Hong Kong's lawmakers on Wednesday (Jun 4) approved the appointment of William Young, 73, to join five other overseas non-permanent justices from the UK and Australia. Hong Kong is a common law jurisdiction separate from mainland China and invites overseas judges to hear cases at its Court of Final Appeal. Their presence has been seen as a bellwether for the rule of law since the former British colony was handed back to China in 1997. Beijing passed a national security law on Hong Kong in 2020, following huge and often violent pro-democracy protests in the Chinese city the year before. Since then, several overseas judges have quit the Court of Final Appeal without finishing their terms, while others have not renewed their appointments. The lineup of overseas judges has gone from 15 at its peak down to five, not including Young. The newly appointed justice, who retired from his role as a New Zealand Supreme Court judge in April 2022, is expected to start in Hong Kong this month. Hong Kong leader John Lee accepted a recommendation to appoint Young in May and praised him as "a judge of eminent standing and reputation". Cases at the top court in Hong Kong are typically heard by a panel of four local judges and a fifth ad hoc member, who may be a foreign judge. In January, Hong Kong's chief justice said recruiting suitable overseas judges "may be less straightforward than it once was", given geopolitical headwinds. The government has defended the security law as necessary to restore order after the 2019 protests and said the city remains a well-respected legal hub.


CNA
4 hours ago
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Goh Jin Hian wins appeal against former company IPP over US$146 million awarded in damages
SINGAPORE: Former Inter-Pacific Petroleum (IPP) director Goh Jin Hian won an appeal to the Appellate Division of the High Court, which on Thursday (Jun 5) set aside US$146 million (S$187 million) in damages previously awarded to IPP. Goh Jin Hian, who is the son of former Prime Minister Goh Chok Tong, was previously found liable for the losses of the now-insolvent IPP, a marine fuel supplier. On appeal, the Appellate Division of the High Court, comprising Justice of the Court of Appeal Tay Yong Kwang and Judges of the Appellate Division Woo Bih Li and Kannan Ramesh, found that even though Goh had breached his duty of care as a director, his breach did not cause loss to IPP. BACKGROUND IPP had sued Goh for breaching his director's duty and in February last year won the case, which was presided over by Justice Aidan Xu @ Aedit Abdullah at trial. The company said that Dr Goh had failed to look into certain issues which would have led him to realise that the company was being defrauded. The fraud relates to drawdowns of US$146,047,099.60 for cargo trades and US$10,508,238.71 for bunker trades between Jun 21, 2019 and Aug 2, 2029. IPP asserted that Goh had failed to act with reasonable skill and care in the face of three "red flags" - an audit confirmation request signed by Goh, the Maritime and Port Authority of temporary suspension of IPP's bunker craft operator licence, and three confirmations of indebtedness signed by Goh and sent to Maybank. Goh's inquiry into IPP's financial position over these red flags would have resulted in the sham cargo trades being uncovered, the company said. In his defence, Goh claimed that there was no breach, no loss caused and disagreed that the three red flags were sufficient to put him on a train of inquiry. Ruling in favour of IPP, Justice Xu then said Goh had an obligation to oversee the affairs of the company as a director. The judge said the evidence showed that Goh played an active role in the management of the company and had assumed responsibilities, and obtained knowledge and information. While Justice Xu said a director need not know all details, the evidence showed a lack of knowledge by Goh about IPP's cargo trading business, which was a significant portion of the company's activity. He found that Goh failed to act reasonably in the face of the three red flags, which should have raised alarm bells. Finding that IPP had proven loss in relation to the cargo drawdowns, Justice Xu awarded the company damages of US$146,047,099.60. Goh appealed the decision. APPEAL ALLOWED IN PART In a judgment issued by the Appellate Division of the High Court on Thursday, Justice Ramesh said the court agreed with Justice Xu that Goh breached his duty of care by failing to realise IPP was running a cargo-trading arm, but ruled that the company failed to prove that the lapses caused the loss. 'In our view, IPP has failed to discharge its burden of proving that Dr Goh's ignorance of the cargo trading business was the proximate cause of the loss in question, namely the cargo drawdowns,' Justice Ramesh said. The company failed to prove that the fraud would have been detected and the loss averted if Dr Goh had known that IPP was undertaking the cargo trading business, he said. To prove its case, IPP had to specify the steps that Goh would have taken that would have prevented fraud. However IPP did not state these steps or adduce any evidence. Instead it relied on "bare assertions" to suggest that Goh would have found out about the fraud and prevented the cargo drawdowns if he was aware of the cargo trading business, or acted reasonably in respect of the three red flags, Justice Ramesh said. The Appellate Division of the High Court also disagreed with Justice Xu on the issue of the three red flags, finding that they were in fact not red flags that would have put Dr Goh on a train of inquiry. "It cannot be part of a director's duty of supervision and oversight to pick up fraud unless there are tell-tale or warning signs. "A director may be a sentinel, but he is not a forensics investigator or a sleuth, unless there are signs that would put him on inquiry. There is no suggestion by IPP there were any, apart from the 'red flags', which we have concluded were not in fact red flags," Justice Ramesh said. He found that Goh did not breach creditor duty, as he had not authorised the cargo drawdowns which IPP made between Jun 21, 2019 and Aug 2, 2019. Consequently, the Appellate Division of the High Court allowed the appeal in part and set aside the judgment. Goh was represented by TSMP Law Corporation's senior counsel Thio Shen Yi and Mr Nanthini Vijayakumar. On the case, Mr Thio said: "Dr Goh has always maintained that his conduct caused no avoidable loss to IPP, and we believe he has been vindicated." Mr Thio noted that the court had clarified the law of duties for directors, which was an "important decision with practical implications for all directors". "Directors owe fiduciary obligations and duties of care to a company but the Appeals Court has crucially recognised the practical and commercial limits to their ability to scrutinise for and detect fraud, especially deep-seated fraud. This acknowledges the complex commercial realities that directors often operate in," he said. Goh still faces criminal charges that are pending before the court.


CNA
4 hours ago
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MOM investigating allegations of companies misusing passes for hiring foreign students, trainees
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