Eminent Frog Porridge Restaurant Owner Charged with Evading S$3.8 Million in Tax, Money Laundering Offences
Authorities allege Buntono underdeclared income and hid GST obligations, leading to nearly S$3.8 million in unpaid taxes and 30 charges.
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6 Articles
Eminent Frog Porridge restaurant owner charged with evading S$3.8 million in tax, money laundering offences
Court documents allege that he underdeclared his income tax from 2016 to 2024. He is also accused of underdeclaring his business income to deliberately hide his obligation to register his company for GST in the same time period, and failing to keep sufficient business records.
Eminent Frog Porridge owner charged over $3.8m tax evasion, laundering landed property and Lamborghini
The owner of Eminent Frog Porridge in Geylang has been charged in court for evading almost $3.8 million in taxes and laundering the unlawful proceeds on Friday (July 3).Buntono, a 49-year-old Singaporean, allegedly understated his trade income for assessment years between 2016 and 2024, according to court documents seen by AsiaOne.As a result, the authorities estimate that nearly $2 million in income tax was undercharged.He was handed 30 charges…

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