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Indonesian tycoon Kris Wiluan faces 112 charges of alleged false trading, market rigging of Singapore-listed KS Energy shares

Indonesian tycoon Kris Wiluan faces 112 charges of alleged false trading, market rigging of Singapore-listed KS Energy shares

August 06, 2020

SINGAPORE - Indonesian tycoon and chief executive of offshore and marine company KS Energy Kris Taenar Wiluan was slapped on Wednesday morning (Aug 5) with 112 charges in relation to violations of Section 197 of the Securities and Futures Act, which deals with false trading and market-rigging transactions.

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