CAD starts probe into KLW consultant and senior executive

Singapore

THE white-collar crime busters have come knocking on the doors of KLW Holdings, questioning two of its senior executives for possible offences and also requesting for access to certain information.

This follows the Nov 4 uncovering of apparent lapses in internal controls and potential breaches of disclosure rules by PricewaterhouseCoopers (PwC), the special auditor of the Catalist-listed doormaker firm.

KLW said it received a notice dated Nov 19 from the Commercial Affairs Department (CAD), stating th…