Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multi-year civil cases against him and his family.

Lim's legal troubles aren't over. He is due to be sentenced at a later date in a separate criminal trial for cheating and forgery offences Singapore's High Court approved former oil tycoon Lim Oon Kuin's agreements to pay US$3.

Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay $4.6 billion to the liquidators of his company and creditor HSBC, ending the multiyear civil cases against him and his family.

Singapore’s High Court has given the green light to a settlement deal that will see former oil tycoon Lim Oon Kuin and his family pay $3.59 billion to the liquidators of his now-defunct company, Hin Leong Trading Pte,