Hin Leong’s US.6 billion claim against Deloitte struck out by apex court

Hin Leong’s US$2.6 billion claim against Deloitte struck out by apex court

July 16, 2026 / Nathan Pine /


The auditor is not liable for trading losses incurred by the company from November 2015 to mid-April 2020

[SINGAPORE] The apex court of Singapore has struck out insolvent oil trader Hin Leong Trading’s largest claim of US$2.6 billion against its former external auditor.

A five-judge Court of Appeal on Thursday (Jul 16) allowed an appeal by Deloitte & Touche that arose from a pre-trial application to strike out Hin Leong’s claim for trading losses.

The decision leaves Hin Leong with two remaining claims:



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Nathan Pine

I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.

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