Son of former Prime Minister Goh Chok Tong, Goh Jin Hian, has stepped down as Cordlife Chairman after getting sued after he was under probe for alleged false trading and market rigging by the Commercial Affairs Department.
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Due to the investigations, his passport was also seized.
His stepping down was due a resulted of him getting sued by local bunker supplier Inter-Pacific Petroleum for over $216.6 million in losses incurred.