Loh Ne-Loon, Nelson, (“Nelson Loh”) and Wong Soon Yuh (“Michael Wong”), both 43-year-old Singapore citizens who were wanted for the last two years, have been arrested. They were charged in court on 26 December 2022.
Nelson Loh was a director of Novena Global Healthcare Group (“NGHG”) and its related companies, while Michael Wong was an employee of NGHG who worked closely with Nelson Loh. They had left Singapore in early September 2020. Within days of their departure, the Police received a report that signatures of accounting firm Ernst & Young had been forged on some of NHGH’s financial statements. Warrants of Arrest and INTERPOL Red Notices[1] were subsequently issued against them in connection with Police investigations. With the cooperation and assistance of our foreign counterparts in the People’s Republic of China, the two men returned to Singapore on 24 December 2022 and were arrested by the Commercial Affairs Department (“CAD”) on the same day.
Nelson Loh was charged for two counts of forgery offences under Section 468 of the Penal Code. Michael Wong was charged for two counts of forgery offences under Section 471 punishable under Section 468 of the Penal Code. They allegedly forged audited financial statements of NGHG in 2019, and used those statements to obtain bank loans amounting to $18 million. If convicted, they will be liable to an imprisonment term which may extend to ten years and a fine. Further investigations are ongoing.
Director CAD, Mr David Chew said, “The Police will do whatever is necessary and legally permissible to detain and repatriate individuals hiding overseas, to face justice in Singapore. We will work with INTERPOL and our wide network of overseas law enforcement partners to locate persons who commit crimes in Singapore and attempt to evade justice by fleeing abroad. We appreciate the support and co-operation rendered by the Ministry of Public Security of the People’s Republic of China in bringing these two individuals back to Singapore”.
[1] An INTERPOL Red Notice is a request by a member country to locate and provisionally arrest a person based on an arrest warrant issued by the member country.
SINGAPORE POLICE FORCE
26 December 2022 @ 10:50 AM