by Elena Chong
A PART-TIME polytechnic lecturer said to be a syndicate leader
was charged with 28 more counts of helping to carry on an
unlicensed moneylending business.
Lee Kim Hock, 51, charged a week ago, allegedly conspired with
Ku Teck Eng and two others to commit the offences between last
September and August this year.
Ku, 41, who was also charged last week, was accused of 24 more
charges on Friday..
It is alleged that illegal loans totalling $28,200 were made out
to 16 debtors in various parts of Singapore in Lee's 29
charges.
Bail of $50,000 each was offered to Lee and Ku.
Lee's case will be mentioned on Oct 8 while Ku's has been fixed
for a pre-trial conference on Oct 28.
If convicted, they face a fine of between $30,000 and $300,000
and a jail term of up to four years on each charge.
