New: You can now listen to articles.SINGAPORE: A chartered accountant and his friend failed to supervise the companies they helped to incorporate in Singapore, with two firms receiving more than US$1 million in scam proceeds.
In 2017, Ishan found out that Kandhiban was unemployed and offered him a job for a monthly salary of S$500. Around June 2019, Ishan was contacted by Rahul, an Indian national who wanted to incorporate a company in Singapore and required a local nominee director. Sometime before November 2019, Ishan was introduced to Wadhawan Suchit, another Indian national who wanted to incorporate a company in Singapore.
Both Ishan and Kandhiban were represented by lawyers Jasjeet Singh and S S Dhillon, who differentiated their clients' cases from others where accused persons were"randomly picked" to be directors.