The report also touched on the alleged unauthorised fund transfer of US$480,010 to an overseas entity.
A special audit report by Deloitte on Kitchen Culture found that the latter potentially breached Singapore Exchange’s (SGX) listing rules relating to internal control lapses involving its hiring processes.
The report covered the alleged payroll irregularities of some $520,000 paid to two former employees in the company’s subsidiary, KHL Marketing Asia-Pacific.
