SINGAPORE (Reuters) – Singapore authorities said they launched an investigation into Citadelle Corporate Services, the Senjo group and its subsidiaries after examining the local operations of the collapsed German payment company Wirecard (DE:).
The investigation involved “suspicions of falsification of accounts” and “unlicensed fiduciary activity,” said the Department of Commercial Affairs (DCA) – the police unit that deals with white-collar crime – and the Monetary Authority of Singapore in a statement issued late in Friady’s day.
MAS said last week that it was working with the DAC and Singapore’s accounting regulator to review the local operations of Wirecard, which filed for bankruptcy last month.
The e-mails sent by Reuters to Senjo Group and Citadelle at the addresses indicated on their websites could not be delivered.
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