Man arrested in billion-dollar anti-money laundering raid was director of No Signboard Holdings

[Willamshakespear]

So also catch no signboard restaurant too???

Ultimately, it lays in the question of DUE DILIGENCE. Directors of any company have a role to play, to protect & ensure the company under their charge progresses. Most likely in a well organized company, directors or the chairman would instruct their company lawyers to perform DUE DILIGENCE upon any individual who seeks to be a member of the board - background checks, source of funds to join the board, etc. Not just ANYONE can join any company by just laying a ton of money on the boardroom table in reality. similarly with our laws on background checks on potential tenants wishing to rent a room on whether they are bona fide law abiding foreigners/locals or illegal overstayers.

The investor may hide or use falsified documents, or even many ways to join the board. Ultimately, had due diligence been performed before an individual became accepted to the Board? That is a question that the directors will face, not just to directors or shareholders, but even to the customers whom patronized their outlets, as none would want to support a company that lives off the suffering of others thru illicit funding.

 

[Pinkieslut]

Ultimately, it lays in the question of DUE DILIGENCE. Directors of any company have a role to play, to protect & ensure the company under their charge progresses. Most likely in a well organized company, directors or the chairman would instruct their company lawyers to perform DUE DILIGENCE upon any individual who seeks to be a member of the board - background checks, source of funds to join the board, etc. Not just ANYONE can join any company by just laying a ton of money on the boardroom table in reality. similarly with our laws on background checks on potential tenants wishing to rent a room on whether they are bona fide law abiding foreigners/locals or illegal overstayers.

The investor may hide or use falsified documents, or even many ways to join the board. Ultimately, had due diligence been performed before an individual became accepted to the Board? That is a question that the directors will face, not just to directors or shareholders, but even to the customers whom patronized their outlets, as none would want to support a company that lives off the suffering of others thru illicit funding.

Due diligence in Singapore? Only time it happens is when the person is an Oppie. Otherwise it will be ownself check ownself, what’s wrong with more money principle.

Anyway it seems obvious that arrest of these Hokkiens were ordered by PRC against the KK Park scamsters,

 

[blackmondy]

This tiong apparently bought his Cyprus passport.

 

[blackmondy]

Ultimately, it lays in the question of DUE DILIGENCE. Directors of any company have a role to play, to protect & ensure the company under their charge progresses. Most likely in a well organized company, directors or the chairman would instruct their company lawyers to perform DUE DILIGENCE upon any individual who seeks to be a member of the board - background checks, source of funds to join the board, etc. Not just ANYONE can join any company by just laying a ton of money on the boardroom table in reality. similarly with our laws on background checks on potential tenants wishing to rent a room on whether they are bona fide law abiding foreigners/locals or illegal overstayers.

The investor may hide or use falsified documents, or even many ways to join the board. Ultimately, had due diligence been performed before an individual became accepted to the Board? That is a question that the directors will face, not just to directors or shareholders, but even to the customers whom patronized their outlets, as none would want to support a company that lives off the suffering of others thru illicit funding.

I beg to differ. Sinkapore only has due lei-chow-hai diligence.

 

[millim6868]

Cb pap, many si kids being buying over proced pigeons holes,lol, wait for bubble many will jump down, so in order to solve this is invite more to come in,lol

 

[k1976]

Cb pap, many si kids being buying over proced pigeons holes,lol, wait for bubble many will jump down, so in order to solve this is invite more to come in,lol

Non non non... This mentality only for low ses people.

High ses people capitalise on opportunity to huat big big and contribute to positive nation growth De woh.

If u sit on the high vantage point, u will see cycle of boom and burst is just part of economy development in last supercycle