I now have a number of confirmations on that email being correct, there is also documents from the hearing from samtrades first hearing in court bringing up the same thing. Interesting;samtrade claims to have USD 270 million in the custodian account Their businesses in Singapore is bankrupt with debts of a few hundred thousand.
This is in French, I am trying to get hold of the original documents from Singapore, just fast forward in the video to get the points.