CAD, MAS launch probe into Senjo, Citadelle following Wirecard review
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Tay Peck Gek
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Singapore
SINGAPORE's white-collar crime-buster and the Monetary Authority of Singapore (MAS) have launched a joint investigation into the Senjo Group of companies as well as Citadelle Corporate Services, following a review of developments relating to insolvent German payment processing company Wirecard.
The Commercial Affairs Department (CAD) and the MAS, in a joint statement on Friday, said that a review of the recent developments relating to Wirecard has given them reasons to suspect that offences may have been committed.
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