Read the full judgment text of DCCC 1202/2008 on BabelCite. This District Court judgment was delivered on 27 April 2009.
1. D1 and D2 stand convicted after trial of one charge of conspiracy to defraud. This court found that D1 and D2 conspired together to defraud the DBS Bank (“the Bank”) with the use of a forged HSBC share certificate which states that Li Gui-hua was a shareholder of HSBC holding 200 million shares. D1 approached PW2, a senior staff member of the bank, and asked for a tax loan of US$30 million. D1 claimed himself to be a director of a company called YUMA Foundation, a company engaged in ground