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Singapore oil tycoon Lim Oon Kuin has been sentenced to 17 and a half years in prison for cheating HSBC Holdings and instigating forgery, a case that has impacted the commodity-trading sector. The 82-year-old founder of Hin Leong Trading, who appeared in court in a wheelchair, faced three charges out of over 100. Lim and his family have agreed to pay $3.6 billion to liquidators and HSBC and have filed for bankruptcy.
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