A recap of trial so far; court case to resume on April 22

Singapore

THE trial of John Soh Chee Wen and Quah Su-Ling for their role in the 2013 penny stock crash started last month and has covered just four days and is set to resume on Monday.

But the prosecution and defence's arguments in that short period have given a better understanding of their positions. Here's a recap before the hearing enters its fifth session next week.

A key point in the defence's case so far is whether or not remisier Ng Kit Kiat knew that it was John Soh Chee Wen he was talking to over the phone for some of the accounts involved in the alleged rigging of the stocks of Blumont Group, Asiasons Capital (now Attilan Group) and LionGold Corporation in 2013.

Mr Ng, a remisier at OCBC Securities and first witness for the prosecution, had testified that he only realised the "Peter Chew" who had instructed him over the phone to place trades for Blumont, Asiasons and LionGold (collectively known as BAL) stocks without written authorisation from the account-holders was in fact Soh when the two met after the BAL stock prices collapsed …