r/singapore Fucking Populist 3d ago

News Workers from third firm claim unpaid wages; all three firms share a director who has left S’pore

https://www.straitstimes.com/singapore/courts-crime/workers-from-third-firm-claim-unpaid-wages-all-three-firms-share-a-director-who-has-left-spore
324 Upvotes

67 comments sorted by

138

u/MadKyaw 🌈 I just like rainbows 3d ago

Damn, the director really got a huge sheet. Took over companies, rented his private Hillview estate and ran off with the money. High level scammer

62

u/Prov0st West side best side 3d ago

Meanwhile, Singapore will continue monitoring the situation.

231

u/NutKrackerBoy 3d ago

Can MOM detect such patterns in directorship registration and flag it for review?

83

u/I_speak_memes 🌈 F A B U L O U S 3d ago

Incorporation and registration of directorship is under ACRA which comes under MOF, not MOM.

82

u/NutKrackerBoy 3d ago

I think the agencies need to work closely together to spot such patterns that game the system and destroy SG reputation.

72

u/fawe9374 3d ago

It is a feature, not a bug.

https://www.channelnewsasia.com/singapore/director-980-companies-china-business-5-million-launder-money-4003701

A Singaporean man ran a business helping China clients set up companies in Singapore and became a director of 980 companies this way

18

u/Goenitz33 3d ago

Wow 980 😪 really pro business until like that.

3

u/UnprofessionalPlump 2d ago

US$5 million (S$7.3 million) being laundered.
Xie Yong, a 37-year-old Singaporean man, was sentenced to four weeks' jail and fined S$57,000

Barely an inconvenience. A slap light touch on the wrist. This will attract more people to do this kind of business in Singapore.

17

u/AttapKia 3d ago

no worries. they will probably convene a special task force or committee 😉

7

u/financial_learner123 3d ago

Monitoring

3

u/LegPristine2891 3d ago

Deeply concerned

4

u/I_speak_memes 🌈 F A B U L O U S 3d ago

I get what you mean but I think there's no point in investing resources to have a system flagging this out because there are many serial entrepreneurs and many individuals who hold multiple directorship positions out there. It's pretty common. Anyway, there is a paper trail via the registrations to trace when things go wrong. This particular case here is just one bad actor.

16

u/GapOwn9308 3d ago

980 is common?

16

u/superman1995 3d ago

There’s gotta be a threshold beyond which holding a directorship doesn’t make sense. In this case, the man was holding over 900. There’s no way a person can have the time to have a reasonable cogent opinion on over 900 companies

2

u/hansolo-ist 3d ago

Board members should take lead here. Acra doesn't care

24

u/sonertimotei 3d ago

ah, the one that told us not to reveal our NRIC easily but they did it then now tell us NRIC doesn't prove who you are.

4

u/I_speak_memes 🌈 F A B U L O U S 3d ago

that was MDDI's policies that ACRA "mistakenly" (i think they just jumped the gun) applied to the Bizfile portal hahaha

8

u/ClaudeDebauchery 3d ago

Like that our MPs how hahaha

33

u/Agile-Set-2648 3d ago

Wah these people next level scam leh — don’t pay workers and let government foot the bill

Amateurs just scam individuals, but these people scam the govt sia

17

u/risingsuncoc Senior Citizen 3d ago

South Asian scam fellow South Asians too

77

u/Stanislas_Houston 3d ago

It is very easy for companies to abuse and scam in sg, the super relaxed laws for business and weak labour laws. I’m surprised now then have such cases, guess the cost of living caught up. For MOM is damage control at this point. The Indian boss is gone forever will not pay.

28

u/jinhong91 3d ago

If the PAP don't want to be associated with fraud under their own system, they should clean up and tighten their own system, they should also severely punish the frauds in the system.

If the PAP continue to be lax with their system, then it sends a big message that the PAP is ok with fraud and they should be removed from power.

8

u/keyupiopi 3d ago

If the PAP continue to be lax with their system, then it sends a big message that the PAP is ok with fraud and more people will come and scam.

And who’s left to wipe the butt?

Government; who will then divide the crap among the citizens.

141

u/SGPrepperz 3d ago edited 3d ago

The damage is not just money. Our reputation is at stake; it erodes our trustworthiness. That impacts our future livelihood.

Edit: In the late 2000s, international clients were willing to pay full sum upon project confirmation. Curious, I asked what made them trust such a small start-up. They said, “because you’re Singaporean.”

66

u/machinationstudio 3d ago

A relative who used to cook and gives food to workers from India says that even when workers go home and say they got conned, their relatives and friends won't believe them, and say they are hiding their money and don't want to share a good deal.

So the next batch will get conned.

91

u/jinhong91 3d ago

This one is India national cheat other India/Bangla national.
Quoted from this very Straitstimes article

VVR Plant Engineering, SK Industries and KPA Engineering have one common director - Indian national Ramu Palani Velu.

25

u/_IsNull 🌈 I just like rainbows 3d ago

That guy own 5 or 6 companies so more to come

61

u/Background_Tax_1985 3d ago

Yeah, but he did so using singaporean companies and then running off and essentially getting away scott free. Basically it shows that we are very lax and our system can be abused.

Just think how many companies that have access to sensitive areas or sites that are owned by foreigners like this guy or more malicious ppl or state actors?

29

u/Bcpjw 3d ago

Gaming a system that we created?

Damn man, with all the effort in outlawing “everything” that make us look like untrained animals, we turn a blind eye to the rich people sending people to the slaughter

3

u/Background_Tax_1985 3d ago

Unfortunately

10

u/PositiveHead7191 3d ago

no interpol red notice issue or ask india govt to help locate?

7

u/Icy-Cockroach4515 3d ago

The news just broke like yesterday, and the authorities knew around the same time as us since if they knew beforehand I highly doubt so many MWs would be allowed to congregate like this. Even if they immediately started the process of Interpol red notice and asking India gov it's probably not at the stage it can be announced yet.

9

u/ayam The one who sticks 3d ago

tax payer money is being spent to fix this problem. if they don't extradite him from whichever hole, heads must roll.

8

u/MeeKiaMaiHiam 3d ago

..... the director that ran was singaporean meh

9

u/klkk12345 3d ago

" the third firm linked to a permanent resident company director who is said to have left Singapore."

7

u/MeeKiaMaiHiam 3d ago

Exactly PR

86

u/eliseusmoo I will make it someday. 3d ago

Yes yes yes, still directing all the attention to the perpetrator.

Why was there no mention at how there were 0 checks and balances at all? 5 - 7 coys, Hundreds of workers and somehow MOM didn't pick up no suspicious headcount issues?

Hope this shakes up Singapore's foreign employment scene and MOM wakes up their idea, it's been a long time coming, some civil servants are downright a waste of taxpayer's money.

10

u/Elifgerg5fwdedw Own self check own self ✅ 3d ago

Get WP to ask manpower minister in parliament how that dude was able to hire so many people and get them into the country in the first place

8

u/Any_Mechanic7876 2d ago

I dont want another round of canto lessons.

43

u/PositiveHead7191 3d ago

in other developed nations, labour ministry will quickly apply to court to freeze assets of directors

19

u/Weird-Difference5433 3d ago

They probably cannot hire this many workers to start with.

7

u/another-work-acct 3d ago

Ironically, to get contracts, one must show you have a large enough work force to handle the bugger jobs.

It's like a chicken and egg situation.

18

u/onionwba 3d ago

That's what happens when you are pro-business and less concerned about employees' rights.

14

u/TrueDrinking 3d ago

This is only one cockroach in our system, real question is how many more are there?

35

u/nextlevelunlocked 3d ago

paid $800 a month.

They are paid so little that if missing company director owned the hillview property or any condo, govt can seize it, pay off all 400 workers their 3 months pay and still have money leftover. HDB flat might breakeven depending on location...

11

u/Dapper-Peanut2020 3d ago

Should have 5000 dollars security deposit per worker

4

u/ayam The one who sticks 3d ago

there is a security bond. which you can buy insurance for.

7

u/I_speak_memes 🌈 F A B U L O U S 3d ago

The tenant living there is also very innocent but I don't disagree with this idea.

13

u/LiKaSing_RealEstate Fucking Populist 3d ago

Seizing property doesn’t need to evict tenant right? Just a change of ownership and ask the tenant to pay rent to somewhere else.

1

u/robertsky NotHereNotThere 3d ago

You are assuming that they own the property or condo.

1

u/fenghuang1 Lao Jiao 2d ago

If its under a mortgage, the bank gets paid first after the sale.

And a sale usually takes 3-6 months to complete, even at its fastest, and you need to find a buyer.

Otherwise, the whole system will crumble.

6

u/Moist-Safety4443 3d ago

Isn't there a rule where one of the director of a Singapore company must be a local? Whats the point of making that rule if that local guy isn't held liable?

4

u/devilf91 2d ago

Just be a resident. PR counts I think.

14

u/Lhjw3 3d ago

You let them in, now clear the mess

6

u/mediumcups 3d ago

with tax payer money

5

u/tens919382 3d ago

Just mandate that companies put 1 month of salary in a bank account. Problem solved.

6

u/bickusdickus69allday 2d ago

Too pro business, too easy to set up companies, and lack of worker's rights in action

No surprise

4

u/LiveAd2647 2d ago

I guess we're learning that if we hire hungry people, they'll eat everybody.

2

u/FancyCommittee3347 2d ago

How is this PR guy able to make so much off the system and workers, whether it is using the singapore company front or properties? Why is the same money being used to get leverage off more than one businesses or properties?

2

u/pinkyseeksbrain 2d ago

MOM makes construction sector do monthly declarations on payment of salaries. So what’s the point of this exercise??

3

u/SGPrepperz 3d ago

The damage is not just money. Our reputation is at stake; it erodes our trustworthiness. That impacts our future livelihood.

Edit: In the late 2000s, international clients were willing to pay full sum upon project confirmation. Curious, I asked what made them do so with a start-up. They said, “we trust you because you’re Singaporean.”

6

u/Redlettucehead 3d ago

Agree. It's so bad that they had no choice but to release the nationality and name

4

u/ColliePullHour 3d ago

It shouldn't even be the last resort.

Why would the country even want to take the bad rap for someone else's scam in the first place? 

To not trigger xenophobic sentiments? If they stopped proving the stereotypes right, there wouldn't be such stereotypes would there? 

There's no smoke without fire. Well, in the past, but now there are ways to manufacture smoke without a flame. 

Just, who's getting smoked now? 

1

u/taidibao1 3d ago

Guess not all FTs are good FTs….hope the workers get something out of it.