undischarged bankrupt doctor
with a total debt of nearly $48 million owing to his creditors as at May 28 failed to disclose assets worth more than $4 million to the authorities.
Goh Seng Heng, 70, who founded the PPP Laser Clinic chain, was fined $43,000 on July 9 after he pleaded guilty to eight charges under the Bankruptcy Act.
He will have to spend 22 weeks behind bars if the amount is not paid.
lost a lawsuit filed by businesswoman Wang Xiaopu
, who invested $30.7 million in the PPP chain and demanded the return of her money.
When he failed to repay the sum, she sued his family members, contending that he placed his assets out of his creditors’ reach via various asset purchases and transfers.
Goh applied…