Update on Investigation of Chairman and Management of Swiber Holdings and Its Related Companies

Mr Dennis Tan Lip Fong asked the Minister for Home Affairs (a) whether the Commercial Affairs Department (CAD) has completed its investigation of the chairman and management of Swiber Holdings and its related companies; (b) if so, whether CAD will proceed with prosecution for any offences; and (c) if not, when is the investigation expected to complete.

Mr K Shanmugam: CAD is in consultation with AGC to review the case findings. It is inappropriate for me to comment further at this point.