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 approves a $3.59 billion settlement involving former oil tycoon Lim Oon Kuin, Hin Leong’s liquidators, and HSBC, ending years of civil litigation. Lim, who still faces criminal charges,

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.