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Fri, 08/28/2009 - 17:27
MAS accuses fund manager of rigging the market
LANDMARK legal action by the authorities against a prominent Singapore fund manager who handles more than US$1 billion (S$1.4 billion) of assets got under way in the High Court yesterday. The Government of Singapore Investment Corporation (GIC) is among the manager's major clients. Dr Tan Chong Koay, one of Singapore's pioneering boutique fund managers, is founder and chief executive of the Singap... more