SINGAPORE: 4 more individuals were charged in courtroom on Wednesday (Aug 17) in link with the Wirecard investigation, taking the total tally to seven.
This comes after investigations by the Singapore Police Force’s Industrial Affairs Department into the activities of 2 Singapore subsidiaries from the German company Wirecard AG.
Three of the four — James Aga Wardhana, Chai Ai Lim and See Lee Early – were previous employees of Wirecard Asia Holding, whilst Yeo Chiew Hai Henry was a director at Jacobson Fareast Marketing Services.
The four people allegedly conspired with Edo Kurniawan, then Wirecard Asia’s vice president of managing and finance, to dishonestly misappropriate quantities ranging between S$41, 200 and S$100, 000 from the business.
Edo still left Singapore before inspections into the offences commenced, and a bring about of arrest continues to be issued against your pet in connection to the situation, said the police.
Wardhana, See and Yeo are also falsely accused of committing money laundering by apparently transferring most of the misappropriated amounts to other individuals.
Additionally , Wardhana has also been charged regarding allegedly abetting Yeo to falsify 4 invoices totalling $$184, 870 from Jacobson Fareast to Wirecard Asia.
The four individuals will be charged with lawbreaker breach of trust. If convicted, they could be jailed up to 15 years and be liable to a fine for each charge.
Wardhana, See and Yeo have also been charged with all the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act. If convicted, face jail conditions of up to 10 years and fines of up to S$500, 000 for each cost.
Wardhana and Yeo have also been charged with falsification of accounts. If found guilty, they could be jailed up to 10 years and be liable to a fine for each cost.