the 82-year-old Singapore oil tycoon at the heart of a multi-billion dollar Scandal has just been sentenced to 17 and 1 half years in jail pending and ab this brings a yearslong oil trading Saga that has rocked commodity trading circles and Tall Singapore’s reputation one step closer to its conclusion Lim un Queen was once a towering figure in Asia oil trading and one a sing boss man he established trading house Hong from scratch 5 decades ago and grew it to become one of the largest fuel traders in Asia but a Bad Bet on oil prices in 2020 Sen’s Empire crumbling after his firm was accused of hiding more than $800 million Us in losses and leaving more than 20 banks with huge liabilities Monday’s jail sentence relates to three out of 130 criminal charges they total about $112 million us and two of those charges relate to cheating HSBC Holdings the Lander and one of them for instigating a h young employee to forge documents limb and his children have agreed in September to pay $3.6 billion US in a civil lawsuit about a dozen Banks and creditors are still left jostling over what’s left of his Empire’s assets