Lamborghini-driving boss of Eminent Frog Porridge, Buntono, 49, charged with S$3.8 million tax evasion, money laundering

[Nut]

Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering​

Assets linked to alleged crimes include the car, landed property and S$2.4 million in cash

Shikhar Gupta​

Published Fri, Jul 3, 2026 · 11:15 AM

• 

• Buntono is accused of possessing properties that, in part, represented his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured. PHOTO: LAMBORGHINI

[SINGAPORE] The owner of Eminent Frog Porridge, one of Singapore’s popular late-night dining spots and a Michelin Bib Gourmand recipient, was charged in court on Friday (Jul 3) with evading S$3.8 million in taxes and laundering the illicit proceeds.

Buntono, 49, who operates Eminent Frog Porridge and Eminentseafood, faces a total of 30 charges following a joint investigation by the Inland Revenue Authority of Singapore (Iras) and the Commercial Affairs Department.

The restaurateur is accused of systematically understating his trade income between the years of assessment 2016 and 2024. Authorities allege this resulted in roughly S$2 million of undercharged income tax.

Additionally, Buntono is accused of deliberately concealing his businesses’ liability to register for the goods and services tax, leading to a further S$1.8 million in undercharged GST during the same eight-year period.

Singapore law requires businesses to register for GST if their taxable turnover exceeds S$1 million over a 12-month period. Failure to do so leaves business owners liable for back-taxes on all past transactions, regardless of whether the tax was actually collected from customers.

Luxury assets targeted​

The case continues Singapore’s focus on tracing the proceeds of financial crimes to tangible luxury assets. Under the money laundering charges, Buntono is accused of possessing properties that partially represent the benefits of his alleged tax evasion.

Asean Intelligence​

These assets include more than S$2.4 million in cash, a Lamborghini Aventador supercar and a landed residential property.

Under Singapore’s Corruption, Drug Trafficking and Other Serious Crimes Act, concealing or possessing benefits derived from criminal conduct carries severe penalties, including fines of up to S$500,000, up to 10 years in prison, or both.

Tax evasion itself carries equally stringent punishments in the city-state, with Iras noting that offenders can face penalties of up to four times the amount of tax evaded, alongside potential jail time.

In its joint statement with the police, Iras issued a broader warning to local business owners to ensure proper bookkeeping, reminding taxable persons that business records must be kept for at least five years.

The authority also reiterated its cash reward programme, which offers informants up to 15 per cent of recovered taxes, capped at S$100,000, for information leading to the exposure of tax fraud.

 

[Nut]

Joint News Release By Inland Revenue Authority Of Singapore And Singapore Police Force

Police News Releases
|
5 Min Read
|
03 Jul 2026

Owner of Eminent Frog Porridge Restaurant Charged with $3.8 Million Tax Evasion, Money Laundering

3 July 2026: Buntono, 49, who runs Eminent Frog Porridge (Ming Hui Food Porridge) (“Eminent Frog Porridge”) and Eminentseafood, was charged in Court today with Income Tax and Goods and Services Tax (“GST”) evasion and money laundering offences, following a joint investigation by the Inland Revenue Authority of Singapore (“IRAS”) and the Commercial Affairs Department (“CAD”) of the Singapore Police Force. He faces a total of 30 charges for the following offences:

Tax offences

• Wilfully understating his trade income for Years of Assessment (“YAs”) 2016 to 2024, resulting in close to $2 million of income tax being undercharged;
  
  
• Wilfully perpetuating a fraud by deliberately concealing the liability of his businesses to be registered for GST and falsely understating his business income in his income tax returns for YAs 2016 to 2024, resulting in close to $1.8 million of GST being undercharged; and
  
  
• Failing to keep sufficient business records for YAs 2016 to 2024.

Money laundering offences

• Possessing properties that, in part, represented his benefits from wilful income tax evasion, namely over $2.4 million in cash, a Lamborghini Aventador and a landed property.

IRAS Warns Against Tax Evasion

IRAS takes a serious view of tax evasion. There will be severe penalties for those who wilfully evade tax. The authority will not hesitate to bring offenders to court. Offenders may face a penalty of up to four times the amount of tax evaded. Jail terms may also be imposed.

GST Registration Required for Businesses Exceeding $1 Million Annual Turnover

All businesses, including individuals deriving income from their trade, profession or vocation, should closely monitor their income on a calendar year basis to assess if they need to register for GST.

• If a business’s taxable turnover for the past 12 months exceeds $1 million at the end of the calendar year, it must apply for GST registration by 30 January.
  
  
• If a business reasonably expects its turnover to exceed $1 million in the next 12 months, it must register within 30 days from the date of their forecast.
  
  
• Sole proprietors are required to register once the combined turnover from all their sole-proprietorship businesses and income from any trade, profession or vocation exceeds or is expected to exceed $1 million in the next 12 months.

Any business that fails to register for GST is still required to pay GST on all their past transactions from the date the business became liable for GST registration. GST is payable even if the amount was not collected from customers. Failure to register for GST is an offence and businesses may face penalties of 10% of GST and fines of up to $10,000.

Keeping Proper Records

IRAS would like to remind all taxable persons to keep proper records and accounts of all their taxable transactions. Records pertaining to income tax must be retained for a period of 5 years from the relevant YA, while records pertaining to GST must be retained for a period of not less than 5 years from the prescribed accounting period. Those who fail to do so may be liable on conviction to a fine and/or a jail term.

Penalties for Money Laundering
Under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, it is an offence for any person to conceal, disguise, convert, transfer, remove from jurisdiction, acquire, possess, or use benefits derived from criminal conduct. Upon conviction, offenders are liable to be punished with a fine of up to $500,000, or an imprisonment term of up to 10 years, or both.

Reporting of Malpractices

Businesses or individuals are encouraged to immediately disclose any past tax mistakes. IRAS will treat such disclosures as mitigating factors when considering actions to be taken. Please refer to the IRAS website for more information on how to disclose past mistakes. Those who wish to report malpractices may make their submissions via this form.

Cash Rewards for Informants

A reward based on 15% of the tax recovered, capped at $100,000, will be given to informants if the information and/or documents provided lead to a recovery of tax that would have otherwise been lost. All payments are at the discretion of the Comptroller. IRAS will ensure that the identities of informants are kept strictly confidential.

INLAND REVENUE AUTHORITY OF SINGAPORE
SINGAPORE POLICE FORCE
03 July 2026 @ 10:10 AM

 

[Nut]

 

[syed putra]

Chinese and their weird tasteless overpriced exotic cuisine.

 

[Nut]

Chinese and their weird tasteless overpriced exotic cuisine.

You don't know what you are missing

 

[Scrooball (clone)]

Sell porridge until got lambo and landed property. KNN... really final boss of all hawkers

 

[kulgai]

Sell porridge until got lambo and landed property. KNN... really final boss of all hawkers

that's no ordinary porridge. recently i was there. total bill $80 for congee, 3 frogs, small plate mongolian ribs and a veg.

 

[Les grossman]

The Food Dossier gave it a rather high rating wor, 8.2/10

https://www.thefooddossier.com/2020/06/eminent-frog-porridge.html

 

[tobelightlight]

Meat eaters are troublemakers.

 

[Scrooball (clone)]

Meat eaters are troublemakers.

U know why vegans don't make trouble?

 

[Nut]

U know why vegans don't make trouble?

View attachment 244510

 

[Dongyi]

Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering​

Assets linked to alleged crimes include the car, landed property and S$2.4 million in cash

Shikhar Gupta​

Published Fri, Jul 3, 2026 · 11:15 AM

• 
• Buntono is accused of possessing properties that, in part, represented his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured. PHOTO: LAMBORGHINI

[SINGAPORE] The owner of Eminent Frog Porridge, one of Singapore’s popular late-night dining spots and a Michelin Bib Gourmand recipient, was charged in court on Friday (Jul 3) with evading S$3.8 million in taxes and laundering the illicit proceeds.

Buntono, 49, who operates Eminent Frog Porridge and Eminentseafood, faces a total of 30 charges following a joint investigation by the Inland Revenue Authority of Singapore (Iras) and the Commercial Affairs Department.

The restaurateur is accused of systematically understating his trade income between the years of assessment 2016 and 2024. Authorities allege this resulted in roughly S$2 million of undercharged income tax.

Additionally, Buntono is accused of deliberately concealing his businesses’ liability to register for the goods and services tax, leading to a further S$1.8 million in undercharged GST during the same eight-year period.

Singapore law requires businesses to register for GST if their taxable turnover exceeds S$1 million over a 12-month period. Failure to do so leaves business owners liable for back-taxes on all past transactions, regardless of whether the tax was actually collected from customers.

Luxury assets targeted​

The case continues Singapore’s focus on tracing the proceeds of financial crimes to tangible luxury assets. Under the money laundering charges, Buntono is accused of possessing properties that partially represent the benefits of his alleged tax evasion.

Asean Intelligence​

These assets include more than S$2.4 million in cash, a Lamborghini Aventador supercar and a landed residential property.

Under Singapore’s Corruption, Drug Trafficking and Other Serious Crimes Act, concealing or possessing benefits derived from criminal conduct carries severe penalties, including fines of up to S$500,000, up to 10 years in prison, or both.

Tax evasion itself carries equally stringent punishments in the city-state, with Iras noting that offenders can face penalties of up to four times the amount of tax evaded, alongside potential jail time.

In its joint statement with the police, Iras issued a broader warning to local business owners to ensure proper bookkeeping, reminding taxable persons that business records must be kept for at least five years.

The authority also reiterated its cash reward programme, which offers informants up to 15 per cent of recovered taxes, capped at S$100,000, for information leading to the exposure of tax fraud.

Many hawkers envy him because he drives a Lamborghini. Surely the DG of IRAS drives a cheaper car.

 

[Nut]

Many hawkers envy him because he drives a Lamborghini. Surely the DG of IRAS drives a cheaper car.

You sarcastically hoot ...KNN

 

[Dongyi]

You sarcastically hoot ...KNN

CB, don't 挑撥離間.

 

[jurongkechil]

Sway..

 

[Nut]

CB, don't 挑撥離間.

Me not give a shit.
Sooner or later he will fi ally understand 凡事皆有因果

 

[Dongyi]

Me not give a shit.
Sooner or later he will fi ally understand 凡事皆有因果

凡事皆有因果
沒錢眉頭深鎖
糧票發放最妥
鄰里即可開伙

 

[Dongyi]

凡事皆有因果
沒錢眉頭深鎖
糧票發放最妥
鄰里即可開伙

@Nut This one is my 因果。

His 因果 is The Blossomvale + Lexus ES300h = 福報

 

[Nut]

@Nut This one is my 因果。

His 因果 is The Blossomvale + Lexus ES300h = 福報

And probably lots of loans, hence still slaving away at his age

 

[bobby]

Similanjiao name is Buntono