Singapore company allegedly received US$45mil illegally from abroad, two men charged


Two men were handed one charge each on June 26, 2025 for being involved in carrying out a business of providing payment services illegally. - Photo: ST file

SINGAPORE: Two men were charged in court on Thursday (June 26), after the company they were involved in allegedly received about US$45 million (S$57.4 million) over multiple transactions illegally.

Patrick Lee Paik Cheng, 65, a Malaysian and the director of Tupt, and Dinh Tien Dat, 28, a Vietnamese, who is said to have been in a position to influence the conduct of the company, were handed one charge each for being involved in carrying out a business of providing payment services illegally.

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