Over 9 years’ jail for car import firm director who defaulted on $14m fine for duty evasion
The Straits Times - Business·2026-03-11 19:01
SINGAPORE – A director of a car import company has been sentenced to 112 months’ imprisonment after he defaulted on a $14 million fine for fraudulent evasion of duty.
Clement Lee, director of Crownston Line, was given the fine on Feb 25 , for suppressing the declared value of more than 2,500 motor vehicles into Singapore between July 2016 and April 2022, said Singapore Customs (Customs) and the Land Transport Authority (LTA) in a joint statement on March 11.
……Read full article on The Straits Times - Business
Other
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App