В Сингапуре накрылся трейдер-компания на 3.85 ярда, 23 банка, много мэйджеров в лоссах. скрывали перетаскивали убытки, не до конца хеджировали, и вот ..

SINGAPORE, April 19 (Reuters) — The founder and director of top Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT) directed the firm not to disclose hundreds of millions of dollars in losses over several years, he said in a court filing reviewed by Reuters.

The affidavit signed by Lim Oon Kuin, a Chinese immigrant in his 70s widely known as O.K. Lim, is part of a Friday filing to the Singapore High Court by HLT and subsidiary Ocean Tankers (Pte) Ltd, seeking a six-month moratorium on debts of $3.85 billion to 23 banks.

The filing cites a collapse in the oil price and the coronavirus pandemic, which has hammered oil demand and pushed up costs for HLT, one of Asia's largest oil traders.

Despite reporting net profit of $78.2 million for the business year ended in October, «HLT has not been making profits in the last few years,» Lim said in the filing, which has not been made public.