(EnergyAsia, March 22) — The former chief executive of China Aviation Oil (Singapore) Ltd has been sentenced to four years and three months in jail and fined 335,000 Singapore dollars (US$1=S$1.6) for his role in the near collapse of the company from disastrous oil derivatives trades in 2004. Chen Jiulin, 44, had pleaded guilty…
SINGAPORE: Ex-CEO of China Aviation Oil sentenced to jail, fined S$335,000
Posted on March 22, 2006 by EnergyAsia