Commercial Affairs Department

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Commercial Affairs Department
Agency overview
Legal personality Governmental: Government agency
Jurisdictional structure
National agency Singapore
Governing body Government of Singapore
General nature
Operational structure
Elected officers responsible
  • Teo Chee Hean, Deputy Prime Minister & Coordinating Minister for National Security & Minister for Home Affairs
  • S Iswaran, Minister, Prime Minister's Office & Second Minister for Home Affairs & Second Minister for Trade and Industry
  • Masagos Zulkifli, Minister of State, Ministry of Home Affairs & Ministry of Foreign Affairs
Parent agency Ministry of Home Affairs

Coordinates: 1°16′42.29″N 103°50′21.57″E / 1.2784139°N 103.8393250°E / 1.2784139; 103.8393250 The Commercial Affairs Department (Abbreviation: CAD; Jabatan Hal Ehwal Komersial; Chinese: 商业事务局) is a staff department of the Singapore Police Force.

History[edit]

The department was founded in 1984 as the Commercial Crime Department with Glenn Knight as its first director.

Modern Day[edit]

As the white-collar crimes unit[1] of the police, CAD conducts a variety of inquiries ranging from corporate irregularities such as LionGold[2] and Data Register[3] in 2014, as well as casino-related offences.[4] It also has the right making arrests.[5]

Probes[edit]

High profile probes conducted by CAD include City Harvest Church[6] founder Kong Hee,[7] former bank relationship manager Vyia Lee Yock Sim who had misappropriated more than US$400,000 from seven high net-worth clients by 2006,[8] China tourist guide Yang Yin with a widow's niece over a legal tussle assets believed to be worth $40 million.[9]

References[edit]

  1. ^ Kwok, Jonathan. "Police investigating trading irregularities after penny stock meltdown". Retrieved 13 January 2015. 
  2. ^ "Remaining potential investors in LionGold withdraw following CAD probe". 24 Jun 2014. Retrieved 13 January 2015. 
  3. ^ Hoe, Pei Shan (18 Jun 2014). "Data Register being investigated by police, monies from bank account seized". Retrieved 13 January 2015. 
  4. ^ Ng, Kai Ling. "RWS fined $600000 for partially reimbursing levies for 3400 patrons". Retrieved 13 January 2015. 
  5. ^ "statement by singapore police force" (PDF). POLICE NEWS RELEASE. 
  6. ^ "CAD charges are against individuals, not the church: DPM Teo". Singapore Press Holdings Ltd. 26 Jun 2012. Retrieved 13 January 2015. 
  7. ^ Kok, Xing Hui (12 September 2014). "Kong’s CAD statements ‘at odds with confession letter’". Retrieved 13 January 2015. 
  8. ^ Lim (28 Jun 2014). "Crime busters win accolades for cracking cases". Retrieved 13 January 2015. 
  9. ^ Khew, Carolyn. "Former China tour guide Yang Yin called back to assist police with investigations". Retrieved 13 January 2015. 

External links[edit]