The former head of shipowner Xihe Holdings is facing a litany of additional criminal charges in Singapore over the collapse of oil trading firm Hin Leong Trading.

On Thursday, Singapore's public prosecutor reportedly filed an additional 105 charges against Lim Oon Kuin stemming from $2.23bn in allegedly fraudulent disbursements from Hin Leong, potentially leaving banks with hundreds of millions of dollars in losses.

Lim was already facing 25 forgery-related charges filed in April. The new charges include 68 charges related to cheating, 36 for conspiracy to commit forgery and one conspiracy to forge a valuable security.