7 charged in court for cheating company in two separate schemes worth almost $6.4 million

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

SINGAPORE - Seven individuals were charged in court on Wednesday (July 29) for allegedly cheating company Kurihara Kogyo in two separate schemes worth almost $6.4 million in total.. Read more at straitstimes.com.

SINGAPORE - Seven individuals were charged in court on Wednesday for allegedly cheating company Kurihara Kogyo in two separate schemes worth almost $6.4 million in total.In one scheme that happened between 2016 and 2019, five men allegedly conspired to cheat Kurihara by inducing the company's general manager, Mr Seishi Nishiyama, into awarding various purchase orders for electrical maintenance works to OAS Electrical Contractors.

They also hid the fact that Kurihara senior manager Edward Soh Hock Chuan, 56, and HSH director Shen Jun, 53, had interests in HSH. In the second scheme that took place in September 2017, two men are accused of dishonestly inducing Mr Nishiyama into awarding a subcontract for electrical works - worth almost $5.7 million - to OSES Partners.

They were each charged with one count of cheating and dishonestly inducing the delivery of property by abetment. Court documents did not state if the two men are related.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines