investigation

Sun is accused of selling two bonds at lower than market prices from the fund to another fund

The misdirected remittance was due to a fraudulent instruction by a party purporting to be a supplier.

The investigation of Lai came nearly half a year after AA Group found itself on the receiving end of demand for repayment of money it did not borrow.

SINGAPORE (May 30): Allied Technologies says the Commercial Affairs Department (CAD) has seized information, records and documents on the group and its subsidiaries – as well as on its escrow account with JLC Advisors, from which some $33 million is all

(Nov 27): Singaporean regulators investigating Noble Group have focused their questions so far on the company’s use of mark-to-market accounting, according to people familiar with the matter.

(Nov 26): Noble Group extended the deadline for its marathon restructuring until Dec 11 to address regulators’ concerns, a week after Singaporean authorities began an investigation into the embattled commodity trader’s finances.

(Nov 26): An investigation into troubled Indonesian property developer PT Lippo Karawaci, controlled by Southeast Asia’s billionaire Riady family, is reverberating in the Singapore bond market.

SINGAPORE (Nov 21): Noble Group says it intends to continue pressing ahead with its debt restructuring as planned, with the best interests of its stakeholders in mind.

SINGAPORE (June 19): Raffles United Holdings, formerly known as Kian Ho Bearings, said several top executives interviewed by the Commercial Affairs Department (CAD) have to report back to the white-collar crime division for further investigations.

(May 31): Malaysian officials probing state investment company 1MDB are meeting with investigators from Singapore, people familiar with the matter said, signalling that Prime Minister Mahathir Mohamad’s administration will cooperate with probes underway