Based on the instructions from a director of his company, an employee was involved in forging at least 77 invoices that falsely...
Arranged by the masterminds, the goods will then be sold to an exporter. The masterminds then approach the exporter to sell the goods to an overseas buyer, which does not exist.
Not knowing that the transactions were a sham, the exporter then claims GST refunds from Iras, since exports are exempted from the tax. The forgeries were based on instructions from Alvin Chua Han Soon who directed Nagore’s operations from June 3, 2015, to Jan 28, 2016. Chua, in turn, got instructions from Ang Chee Keong, another director at the firm.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Three years’ jail for man linked to nearly $8m of fraudulent tax claimsWong Meng Fai, 44, was paid between $30,000 and $46,000 for his role in the scheme. Read more at straitstimes.com.
Read more »
Play abandoned on day three of Ashes opener as rain persists over EdgbastonBIRMINGHAM, England : Heavy rain washed out much of the third day of the series-opening Ashes test between England and Australia at Edgbaston on Sunday.Play was abandoned around 1715 GMT, after a lengthy rain-enforced break with England on 28-2, a lead of 35 runs, after Australia were bowled out for 386 i
Read more »
Play abandoned on day three of Ashes opener as rain persists over EdgbastonBIRMINGHAM, England : Heavy rain washed out much of the third day of the series-opening Ashes test between England and Australia at Edgbaston on Sunday.Play was abandoned around 1715 GMT, after a lengthy rain-enforced break with England on 28-2, a lead of 35 runs, after Australia were bowled out for 386 i
Read more »
SMRT’s noise monitoring system cuts time needed to probe complaints from three days to oneThe system has a centralised database that allows SMRT to process information more quickly than before. Read more at straitstimes.com.
Read more »
Rodgers returns to Celtic as manager on three-year contractCeltic have appointed Brendan Rodgers as manager on a three-year contract, the Scottish Premiership side said on Monday (Jun 19). Rodgers, who was sacked by Leicester City last season, previously managed Celtic from 2016 to 2019, winning consecutive trebles - Scottish Premiership, Scottish Cup and Scottish
Read more »
England stretch lead beyond 150 as Australia bag three wicketsBIRMINGHAM, England : England extended their lead beyond 150 on the fourth morning of the opening Ashes test against Australia as Ben Stokes' risk-taking side again dictated a fast and furious tempo at a sunny Edgbaston on Monday.A compelling session ended with England on 155 for five, 162 runs ahead, but
Read more »