"Let me be quite clear: We will never tolerate corruption. We will not accept any slackening or lowering of standards. Anyone who breaks the rules will be caught and punished. No cover ups will be allowed, no matter how senior the officer or how embarrassing it may be. It is far better to suffer the embarrassment and to keep the system clean for the long term, than to pretend that nothing has gone wrong and to let the rot spread."
~ Lee Hsien Loong
Follow the money
Who provided the funds to conceal the allegations contained in a Statement of Claim (extract below)? The Singapore Police cite "insufficient evidence" to proceed with an investigation.
At the time, Geraldton was a deregistered entity and legally ineligible to enter into any agreements. So, who was responsible?
If you're a Managing Director or Chairman of a SGX listed entity and believe you have the authority to act on behalf of another company, would you forge a signature to resemble someone else's or sign using your own name?
"Geraldton, EBL and/or LKK did not sign the Shareholders’ Agreement and the Geraldton Documents and did not authorise any other person / entity to sign such documents on any of their behalves. Barbara Ong therefore could not have, and did not, witness LKK signing on those documents."
Identifying Forged Signatures
When people pen their signature, they don't usually press hard like a three-year old...Just saying!
We were provided with four additional documents by the DBS client related to the same company, all of which were alleged to contain forged signatures (above). Given this pattern, my suspicions are naturally heightened.
When someone forges a signature, they often press too hard, hesitate, or make unnatural starts and stops, resulting in telltale signs like ink pools and uniform pressure.
If someone is signing on behalf of another person, especially within a bank, they should sign their own name with “pp” rather than trying to replicate the other person's signature. Mimicking another person’s signature—even with permission—can cross into forgery territory.
The two signatures below purportedly taken from the same letter!
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