Singapore's solar firm Sun Electric feels more heat from fraud allegations

Singapore

RATTLED by multiple claims to the tune of some S$15 million from partners-turned-creditors, contempt proceedings and a lengthy patent fight which all came to a head with a winding-up order, Singapore solar firm Sun Electric Group's woes are set to get even more complicated.

The case involving the city-state's first solar energy retailer and developer of solar rooftops for industrial landlord JTC Corp has become somewhat entangled with scandal-hit coal miner Agritrade Resources.

There are also fraud allegations that The Business Times (BT) understands were filed over a week a…

A NEWSLETTER FOR YOU

Friday, 8.30 am

SGSME

Get updates on Singapore's SME community, along with profiles, news and tips.

Sign Up