The Business Times
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First person in Singapore charged over Wirecard scandal

An officer at Citadelle Corporate Services has been accused of falsifying letters to Wirecard UK & Ireland Ltd

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Kelly Ng

Kelly Ng

Published Fri, Aug 7, 2020 · 09:50 PM

    Singapore

    IN THE first case before the Singapore courts associated with scandal-hit German payments company Wirecard, Singaporean R. Shanmugaratnam has been slapped with four charges of falsifying letters that stated bogus balances held in his company's accounts.

    The 54-year-old was described by The Financial Times as having "controlled" Citadelle Corporate Services - one of two companies into which the Singapore authorities have launched a joint probe.

    WirecardCrime

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