Singaporeans who helped set up firms linked to RM9.72bil money laundering case removing their names from their companies

  • 📰 staronline
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 75%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

With the political leadership issue settled following the appointment of a prime minister, rail construction goes on slowly but surely, making efficient rail travel from Malaysia to China closer to reality.

They were previously listed as directors, secretaries or shareholders of companies set up by several of the foreigners nabbed in the Aug 15 anti-money laundering blitz. - PHOTOS: SINGAPORE POLICE FORCE

Foreigners are required to engage a registered filing agent, including CSPs, to incorporate a company in Singapore. “When the news broke, we did our internal checks to see if we had any clients that were related to the 10 accused,” said Mr Lim, who ST learnt was registered as secretary or director of about 1,400 live companies.

He added that his firm has been cooperating with the authorities since September to conduct audits and inspections. In a separate statement, Second Minister for Finance Indranee Rajah said Acra will introduce additional measures on errant CSPs in early 2024, and roll out possible restrictions on the number of directorships an individual can hold.The 10 suspects are Su Baolin, Su Haijin, Chen Qingyuan, Su Wenqiang, Lin Baoying, Zhang Ruijin, Wang Dehai, Su Jianfeng, Vang Shuiming and Wang Baosen.

Ms Chin, who is also a Singaporean, is also listed as either a director or shareholder of companies set up by Ms Su Caihuang – the wife of accused Wang Dehai – and Wang Qiujiao, whose registered address is a condo unit at New Futura, the same unit which Chen Qingyuan bought in 2018. Ms Chin, who said she terminated her roles in the companies in late 2022, is currently working in an administrative role at a catering company. Business records show she is still a director in three companies in Singapore.

Er Beng Hwa, 49, was offered $50 a year for each firm incorporated in Singapore in which he was named the nominee director. He was also promised $50 each time he opened a bank account for the firms, and if he had to turn up to sign papers.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

30 companies joining Sabah Book Fair next weekKota Kinabalu: Some 30 local and peninsula-based companies involved in publishing and related industries are set to exhibit their wares at the Sabah Book Fair 2023 next week.
La source: DailyExpress_MY - 🏆 3. / 83 Lire la suite »