Advertiser Staff
The bankruptcy fraud and money-laundering trial of former Bank of Honolulu chairman Sukamto Sia has been delayed until May 22, according to the U.S. attorney’s office in Honolulu.
Both sides in the case had agreed to the delay because of the complexities of Sia’s $296 million bankruptcy case, which is still pending in federal bankruptcy court in Honolulu.
This is the fourth time Sia’s trial date has been delayed since he was arrested in Honolulu Aug. 30.
Sia was initially indicted on charges of bankruptcy fraud, but prosecutors later added money laundering to the charges.
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