Lawyers for senior staff at OW Bunker & Trading’s Singapore subsidiary Dynamic Oil Trading (DOT), which the company’s Danish management accused of fraud immediately prior to the group’s bankruptcy, have uncovered a number of links that suggest the parent company knew more about the credit advanced to Tankoil Marine Services than first suggested.
Lawyers for DOT chief executive Lars Moller and finance manager Kimmie Goh say the subsidiary could only access the same credit lines as its parent, and there is evidence it took security in Tankoil assets.
“The
