News Formal

Ex-company director who evaded tax, laundered money gets 8½ years’ jail, must pay almost $9.3m

  • 📰 straits_times
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 69%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

SINGAPORE - A former director of six companies who was convicted of evading goods and services (GST) tax and money laundering offences was sentenced to eight years and six months’ jail on Thursday. Read more at straitstimes.com.

SINGAPORE - A former director of six companies who was convicted of evading goods and services tax and money laundering offences was sentenced to eight years and six months’ jail on Thursday.

Addressing the GST evasion charges, senior tax prosecutor David Lim said Lee had electronically filed a total of 31 GST returns on behalf of three companies using his Singpass account. Mr Lim noted that Lee was the key person running Nourriture and was “effectively the controlling mind” of Nourriture.

 

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:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rental prices in Singapore surpass Hong Kong, the world's most expensive housing market - Singapore NewsThe rise in rental prices could curtail Singapore's advantage in luring global talent.
Source: IndependentSG - 🏆 9. / 63 Read more »