Latest news with #Isentia
Malay Mail
5 days ago
- Business
- Malay Mail
Singapore businessman arrested in Bangkok for allegedly evading RM675,000 in Thai taxes
SINGAPORE, June 5 — A 71-year-old Singaporean businessman was arrested at Bangkok's Suvarnabhumi Airport on June 2 for allegedly evading more than 5.2 million baht (RM675,000) in taxes, Thai police said. David Liu, identified as a former director of Isentia Monitoring Services (Thailand), was apprehended by Thailand's Economic Crime Suppression Division (ECD) as he was about to board a flight to Singapore, according to a report published in The Straits Times today. ECD commander Thatphum Charuprat said Liu is suspected of fraudulently avoiding value-added tax payments during his time as an authorised director of the media analytics company from July to October 2015. Liu had been appointed Asia CEO of the Sydney-based media intelligence company Isentia on June 1, 2015, according to the firm's annual report, and left the company in 2019. At a media briefing, Liu admitted to previously serving as a director of the firm but denied any wrongdoing, according to ST, citing a Bangkok Post report. The case stems from a complaint filed by Thailand's Revenue Department, which found that Isentia had reported zero tax returns despite evidence of revenue generation. Police said no representative responded to a summons issued over the alleged tax violations, prompting the Phra Khanong Criminal Court to issue an arrest warrant for Liu. Authorities estimate the state lost nearly 5.24 million baht in tax revenue due to the incorrect filings. Liu, now listed as CEO of a data intelligence firm on LinkedIn, was arrested before he could leave the country. If convicted, he could face up to seven years in jail and a fine of up to 200,000 baht.
New Paper
5 days ago
- Business
- New Paper
S'pore businessman nabbed before flight at Bangkok airport over suspected tax evasion
A Singaporean businessman who was about to fly back home was arrested at Bangkok's Suvarnabhumi Airport over suspected tax evasion to the tune of more than 5.2 million baht (S$205,000), Thai police said on June 4. He was identified by the Thai police's Economic Crime Suppression Division (ECD) as David Liu, 71, a former director of media analytics company Isentia Monitoring Services (Thailand). Liu was about to board a flight to Singapore on June 2 when he was arrested in the Thai capital, said ECD commander Thatphum Charuprat. He was arrested for allegedly trying to evade by fraud or deceit value-added tax payable by Isentia. Investigations had found that the Singaporean was an authorised director of the media company from July to October 2015. According to an annual report by Isentia, Liu was appointed as the Asia chief executive of the Sydney-headquartered media intelligence company on June 1, 2015. He left Isentia in 2019, according to a post on LinkedIn, where he is now listed as CEO of a data intelligence firm. He admitted to previously being the director of Isentia, but denied wrongdoing, the Bangkok Post reported, citing ECD commander Thatphum Charuprat at a media briefing. Thailand's Revenue Department had filed a complaint against Isentia after discovering an incorrect tax filing of zero tax returns despite the company being found to have generated revenue. But no company representative responded after a police summons was issued, said the police. The suspected damages against the state in lost revenue was nearly 5.24 million baht, said the ECD. An arrest warrant was subsequently issued by the Phra Khanong Criminal Court. Liu was tracked by the police and arrested at Suvarnabhumi Airport before he boarded his flight. If convicted, he faces a fine of up to 200,000 baht and a seven-year prison term.
The Star
6 days ago
- Business
- The Star
Singaporean businessman nabbed before flight at Bangkok airport over suspected tax evasion
David Liu was about to board a flight to Singapore on June 2, 2025 when he was arrested in the Thai capital. - Photo: CIBTHAILAND/Facebook SINGAPORE: A Singaporean businessman who was about to fly back home was arrested at Bangkok's Suvarnabhumi Airport over suspected tax evasion to the tune of more than 5.2 million baht (S$205,000), Thai police said on Wednesday (June 4). He was identified by the Thai police's Economic Crime Suppression Division (ECD) as David Liu, 71, a former director of media analytics company Isentia Monitoring Services (Thailand). Liu was about to board a flight to Singapore on June 2 when he was arrested in the Thai capital, said ECD commander Thatphum Charuprat. He was arrested for allegedly trying to evade by fraud or deceit value-added tax payable by Isentia. Investigations had found that the Singaporean was an authorised director of the media company from July to October 2015. According to an annual report by Isentia, Liu was appointed as the Asia chief executive of the Sydney-headquartered media intelligence company on June 1, 2015. He left Isentia in 2019, according to a post on LinkedIn, where he is now listed as CEO of a data intelligence firm. He admitted to previously being the director of Isentia, but denied wrongdoing, the Bangkok Post reported, citing ECD commander Thatphum Charuprat at a media briefing. Thailand's Revenue Department had filed a complaint against Isentia after discovering an incorrect tax filing of zero tax returns despite the company being found to have generated revenue. But no company representative responded after a police summons was issued, said the police. The suspected damages against the state in lost revenue was nearly 5.24 million baht, said the ECD. An arrest warrant was subsequently issued by the Phra Khanong Criminal Court. Liu was tracked by the police and arrested at Suvarnabhumi Airport before he boarded his flight. If convicted, he faces a fine of up to 200,000 baht and a seven-year prison term. The Straits Times has contacted Isentia for comment. - The Straits Times/ANN
Straits Times
6 days ago
- Business
- Straits Times
Singaporean businessman nabbed before flight at Bangkok airport over suspected tax evasion
David Liu was about to board a flight to Singapore on June 2 when he was arrested in the Thai capital. PHOTO: FACEBOOK/CIBTHAILAND Singaporean businessman nabbed before flight at Bangkok airport over suspected tax evasion SINGAPORE – A Singaporean businessman who was about to fly back home was arrested at Bangkok's Suvarnabhumi Airport over suspected tax evasion to the tune of more than 5.2 million baht (S$205,000), Thai police said on June 4. He was identified by the Thai police's Economic Crime Suppression Division (ECD) as David Liu, 71, a former director of media analytics company Isentia Monitoring Services (Thailand). Liu was about to board a flight to Singapore on June 2 when he was arrested in the Thai capital, said ECD commander Thatphum Charuprat. He was arrested for allegedly trying to evade by fraud or deceit value-added tax payable by Isentia. Investigations had found that the Singaporean was an authorised director of the media company from July to October 2015. According to an annual report by Isentia, Liu was appointed as the Asia chief executive of the Sydney-headquartered media intelligence company on June 1, 2015. He left Isentia in 2019, according to a post on LinkedIn, where he is now listed as CEO of a data intelligence firm. He admitted to previously being the director of Isentia, but denied wrongdoing, the Bangkok Post reported, citing ECD commander Thatphum Charuprat at a media briefing. Thailand's Revenue Department had filed a complaint against Isentia after discovering an incorrect tax filing of zero tax returns despite the company being found to have generated revenue. But no company representative responded after a police summons was issued, said the police. The suspected damages against the state in lost revenue was nearly 5.24 million baht, said the ECD. An arrest warrant was subsequently issued by the Phra Khanong Criminal Court. Liu was tracked by the police and arrested at Suvarnabhumi Airport before he boarded his flight. If convicted, he faces a fine of up to 200,000 baht and a seven-year prison term. The Straits Times has contacted Isentia for comment. Join ST's Telegram channel and get the latest breaking news delivered to you.
