I have produced a short documentary about the bid-rigging case I uncovered in early 2022 that resulted in the perpetrators being penalized with monetary fines by the Competition Commission of Singapore. It is based on my personal experience stumbling upon this quotation where the bid prices triggered my pattern recognition honed from close to three … Read more
Appreciate the opportunity by The Institute of Internal Auditors (IIA) Singapore to share at their lunch-time (Live Streaming) webinar on the topic, “Detecting Bid-Rigging Through Internal Audit Practices” on 12 June 2025 (Thursday) from 12.00 p.m. to 1.00 p.m. The session was scheduled for one hour but over-ran by ten minutes due to the number … Read more
Glad to have shared at the inaugural run of ISCA’s E199V: Unmasking Collusion: Detecting and Preventing Anti-Competitive Behaviours webinar this morning (8 May 2025) from 9.00 a.m. to 12.30 p.m. There were some interesting questions posed by the participants and I hope they took away useful lessons that they can apply to their workplaces. For … Read more
Glad to have shared at ISCA’s Financial Forensic Accounting (FFA) Virtual Lunch Talk: Behind Closed Doors: Exposing Anti-Competitive Practices from Bid Rigging on 5 December 2024 from 12.30 p.m. to 1.30 p.m. via Zoom to 177 participants from Singapore, Hong Kong, Malaysia and even Australia. Kudos to the great folks at Institute of Singapore Chartered Accountants (ISCA) … Read more
I had an interesting time co-presenting this topic to members of the Association of Certified Fraud Examiners from Singapore Chapter, Taiwan Chapter, Hong Kong Chapter, Malaysian Chapter and India Chapter. My co-presenter Cheryl Ng, CFE from Foxwood and I covered the following topics:(1) Introduction to Bid Rigging(2) Bid Rigging Cases (in Singapore)(3) Key Red Flags … Read more
I will be speaking at the ACFE Singapore Chapter webinar titled: “Behind Closed Doors: Exposing Anti-Competitive Practices in Bid Rigging” on 18 November 2024 at 3 PM to 4.30 PM Singapore Time over Zoom. I will be sharing the stage with legal counsel Cheryl Ng, CFE for this 1.5-hour webinar, exposing the anti-competitive practices used in a bid-rigging case in Singapore. Cheryl will … Read more
I shared how I discovered this alleged bid-rigging case earlier in my post. As the Competition and Consumer Commission of Singapore has issued their proposed infringement decision regarding the case, I will refer to the case as “alleged” until the finalized infringement decision is issued by the CCCS. The reality is that I managed to … Read more
I had promised in my earlier article on the recent bid-rigging case which was pursued by the Competition and Consumer Commission of Singapore (CCCS) that I would share more about that case in a future post. But before I write about that, indulge me in sharing the pivotal milestones in my 29 year journey as … Read more