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I hope that the more than 130 people arrested in S'pore linked to the over 3,000 scam cases involving nearly $70 million in losses, receive long prison sentences and are caned to teach them a painful lesson.
Based on personal accounts from friends and acquaintances, there are lots of clueless bosses in companies across S'pore. Many are preoccupied with keeping their jobs, ensuring subordinates do not outshine or drive more expensive cars than them, instead of safeguarding their organization.
Do you believe a CEO can just transfer $36 million without going through governance and compliance checks? What kind of Mickey Mouse organization is that?
Do you believe a CEO can just transfer $36 million without going through governance and compliance checks? What kind of Mickey Mouse organization is that?
Obviously an inside job. Own people knows details of contracts and acquisition and chain of commands etc. CEO also suspicious ie may even be part of con team. Money to Luxembourg???? Obviously from there change to bitcoin and trail disappear. Hahhah. Sounds like CBT not usual scammers. At most ceo fired by chairman but he already set for life. I smell a rat like GCT son case. Seen so many variant of such devious schemes. Nothing is as it seems. Like OK lim case. All cheats start from insiders.
Just like former Chief of Air Force Goh Yong Siang who is a Director at Temasek Management Services. He has so much free time that he engaged a wig maker and hairstylist to make him look like Indranee Rajah.