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KNM GROUP DIRECTOR AND CEO LEE SWEE ENG FOUND GUILTY OF VIOLATING BANKRUPTCY LAW IN AN ATTEMPT TO HARM CREDITORS

Lee Swee Eng: KNM Group CEO Found Guilty of Violating Bankruptcy Law in Indonesia

KNM Group's Director and CEO Lee Swee Eng, along with Director Chew Fook Sin, were found guilty by the Indonesian Supreme Court of harming creditors by illegally transferring assets from a bankrupt company. This ruling raises questions about asset recovery, impact on creditors, and lack of disclosure to KNM shareholders. Court documents and decisions are available at the end of the story.
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