The billion-dollar nickel-swap scandal that shocked Singapore
His clients included some of Singapore's most successful citizens. Singaporeans invested a billion dollars in Ng Yu Zhi's nickel-trading company. He's accused of taking the money and never buying the nickel he claimed to be trading and channelling said money into his own accounts. In this investigation into the biggest alleged swindle to hit the nation, Matthew Campbell and Chanyaporn Chanjaroen explore how the trader tricked Singapore's elite and prayed on the unique anxieties and ambitions of a fast-rising global city.
From Bloomberg Businessweek