Two Companies and a Director Convicted for Making Fraudulent PIC Claim

Two Companies Making Fraudulent PIC Claim

Two Companies and a Director Convicted for Making Fraudulent PIC Claim One IT Distribution Pte Ltd (“One IT”) and its director, Alan Ang Soon Teck (“Alan Ang”), have been convicted of assisting Chuan Huat Electronics Pte Ltd (“Chuan Huat Electronics”) to obtain a higher amount of Productivity and Innovation Credit (“PIC”) cash payout which Chuan…