Public Others Government Business Arts Community
Entertainment Lifestyle Services People Travel Internet Stuff

 

 

     FrontPage Edition: Wed 7 June 2006

Weather: Meteorological Service Singapore    High & Low Tides

Yesterday   2006   2005   2004   2003   2002   2001   2000   1999

Chief Justice expresses shock about lawyer's alleged misappropriation of clients' moneys

 

Source: www.supremecourt.gov.sg

STATEMENT FROM THE CHIEF JUSTICE REGARDING THE ALLEGED MISAPPROPRIATION OF CLIENTS' MONEYS BY MR DAVID RASIF
 
Chief Justice Chan Sek Keong has expressed his shock and concern about this incident to the President of the Law Society, Mr Phillip Jeyaretnam, especially after the rules on handling of clients' moneys by law firms were tightened in 2004 by the Solicitors' Accounts Rules.
How this event has happened will be fully investigated by the CAD and also separately by the Law Society itself. It may be necessary to put in place even stricter rules.
One approach the Law Society should consider seriously is limiting the total amount of clients' moneys that small law firms may hold at any one time, or on a per client basis, without endangering the viability of small practices.
The President of the Law Society shares these concerns and will inform the Chief Justice as soon as possible on the proposals that the Law Society has to prevent this kind of incident from occurring again.

Source: www.supremecourt.gov.sg Media Release 7 Jun 2006

Important Notice

Our FrontPage Editions are a historical record of our Web site and reflect the changing of the times, and also of our Web site through time. We do not and will not update the links and stories on these FrontPages even if they have become obsolete.

 

If you have an event or some news to share with our readers, send the details, including picture(s), to us at editor@getforme.com 

We are now 10862 pages thick and growing.

Public Holidays NATIONAL DAY is the next public holiday. It falls on 9 August 2006.