Former son-in-law of billionaire and tycoon Peter Lim arrested

SINGAPORE – One of billionaire Peter Lim's former sons-in-law was sentenced to two years and 10 months in prison on Tuesday (May 10) for several offences, including his involvement in an illegal gambling syndicate.

Kho Bin Kai, the ex-husband of socialite Kim Lim, Peter's daughter, was also fined S$40,000.

The 32-year-old had pleaded guilty to three counts of the Remote Gambling Act and two counts of providing criminal benefits.

Kho was married to Kim for three years before they divorced in 2020 after Kho was charged in court in 2019. Kho was her first husband and they have a five-year-old son.

According to a report by The Strait Times, Kho was linked to several illegal gambling websites and earned an average of between 30,000 and 40,000 Singapore dollars a month from one of these websites alone.

The court heard that Kho, a Singaporean, had been involved in illegal gambling since 2012 by working as an illegal football betting agent. Later in 2016, he joined the 4-D and Toto “business” of a Malaysian named “Ah Leong”.

In April 2017, Kho began working as a lead agent for a gambling website, earning a 10 percent commission and also agreeing to a position where he took 90 percent of the centralized jackpot for all tickets on the site.

He later took over additional general agent accounts for illegal gambling sites.

Kho used the proceeds from the crime to purchase, among other things, an Audemars Piguet Royal Oak Offshore watch and part-purchase a diamond-studded Rolex.

His crimes came to light when police searched his home on July 28, 2019. He was arrested at that time.

The court set Kho's bail at S$50,000 and he is due to appear in the District Court on May 23.

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