We value your privacy. We use cookies to analyse our traffic. To find out more, read our Data Protection Notice. By clicking "OK", you consent to our use of cookies.

You are using an insecure Internet browser
We have noticed that you are using Internet Explorer which is an outdated and insecure Internet browser. Please use one of the browsers below for a safe and optimal experience on our website. Thank you.
Edge	Firefox	Chrome

Internal investigations in fund misappropriation case result in US$2m+ in claims

5 Apr 2013

Acting for a Singapore company and a Kazakh subsidiary in a Singapore High Court trial, Providence Law sued the Deputy CEO and CFO of the Kazakh operations on the grounds of misappropriation of funds, deceit, and breaches of duties. Led by Managing Director Abraham Vergis, internal investigations by Providence Law resulted in the obtaining of freezing orders in the Singapore High Court. The allowed a successful obtainment of a final judgment for the entirety of the US$2m+ claims. The opposing parties were represented at various stages by a number of Singapore’s leading law firms.