S’pore firm previously involved in HDB projects among firms sanctioned by US in cybercrime probe

[dambio]

https://www.straitstimes.com/singap...ng-firms-sanctioned-by-us-in-cybercrime-probe

The US Treasury sanctioned Khoon Group for links to Chen Zhi, a tycoon accused of leading a major cybercrime organisation in South-east Asia.

Khoon Group denies involvement, stating the sanctions will not have adverse effects, while its website went offline.

Chen Zhi acquired 55% of Khoon Group in 2023, making him the controlling shareholder in the Hong Kong-listed firm.

So they deny involvement as chen zhi is running d biz as major shareholder?

 

[orwell76]

satki scam front company

 

[ShinnAsuka]

People started to resign from 22 Oct. Wonder if they running road.

Also in bef chen, fujian, hdb, dinner

 

[DulanMax]

In a 2024 Facebook post, the group said some of the projects it was involved in – including those in Sengkang, Tampines and Jurong West – received recognition at the HDB Awards 2024.

When presented with the findings, HDB said: “HDB does not have any direct contractual dealings with Khoon Group Limited or its subsidiaries at present. “In fact, our last direct contractual dealing with Khoon Engineering Contractor Pte Ltd was more than two decades ago, and it was for electrical works undertaken at a housing development.”

Someone is lying here...

 

[Jo13jo]

People started to resign from 22 Oct. Wonder if they running road.

Also in bef chen, fujian, hdb, dinner

Not simpur case.
More and more tio sexposed and more and more desperate to 切割 deny relation with the launderers…

 

[boredom2012]

Building contractors are easiest to wash money. As usual ah Shan and Lawrence Wong are sleeping or turning a blind eye

 

[priore]

Someone is lying here...

Likely semantics here. Keyword "direct dealings". So it could be the case as HDB said - direct dealings was truly 2 decades ago.

Then when it comes to direct with Khoon and subsidiaries, the reply is "presently don't have".

So in 2024 it could have been their subsidiaries.

 

[dambio]

Not simpur case.
More and more tio sexposed and more and more desperate to 切割 deny relation with the launderers…

Later dinner pics at some restaurant leaked out

 

[dambio]

People started to resign from 22 Oct. Wonder if they running road.

Also in bef chen, fujian, hdb, dinner

Washing machine leh?

 

[joshwong11]

lai liao.... the fujian gang 1.5b scam proceeds goes into singapore condo and gcbs buy stakes in smes restaurants etc. imagine what a scam kingpin running a "legit" MNC can do loan from sg banks and acquire what assets in sg

 

[Nuclear Boy]

The mud is so deep that...

Especially if it actually implicates the whiter-than-white.

God forbid one day everything comes to light lol. I'd definitely snag a front row seat if and when it happens in the future.

 

[kuti-kuti]

Lol....

Waiting for more news

 

[Medicated Oil]

When the manure hit the fan, we are NOT CONNECTED.
Really NO LINK.
Dun ANYHOW SAY.

 

[ShinnAsuka]

Not simpur case.
More and more tio sexposed and more and more desperate to 切割 deny relation with the launderers…

When the manure hit the fan, we are NOT CONNECTED.
Really NO LINK.
Dun ANYHOW SAY.

 

[surfman]

Someone is lying here...

No one lying lah. Hdb just say they never engage Khoon directly. Khoon say they are electrical subcon for several hdb project means the main con engage them. No conflict

 

[Spike]

An electrical contractor is unlikely to be awarded a HDB project directly.

Probably working with a main contractor.

 

[moonlighter_sg]

hdb only work with contractors, sub-contractors, sub-sub-contractors... not direct dealing is true.

 

[lifeisinforashock]

Someone is lying here...

When kena caught den jitao say no dealings. Bruff chewren.

 

[buttbERry]

no heard of this person

 

[dezzo69]

No one lying lah. Hdb just say they never engage Khoon directly. Khoon say they are electrical subcon for several hdb project means the main con engage them. No conflict

yeah lor indirectly directly is no count one lor!