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Ministry of Home Affairs
Written Replies to Parliamentary Questions

Written Reply to Parliamentary Question on Possible Investigations into Former Directors and Management of oBike Singapore, by Mr K Shanmugam, Minister for Home Affairs and Minister for Law

10 September 2018

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Question:

Mr Dennis Tan Lip Fong : To ask the Minister for Home Affairs whether the former directors and management of oBike Singapore will be investigated by the Commercial Affairs Department for any alleged improper transfer to oBike Hong Kong of about S$10 million that is allegedly collected from its former Singapore customers by way of prepayment.

Answer:

  1. The Police are investigating oBike Asia Pte Ltd (or “oBike Singapore”) for misappropriation of funds. As investigations are ongoing, we are unable to comment further.

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