Tag Archives: CrimsonLogic

HACKED SINGPASS ACCOUNTS USED TO APPLY FOR WORK PASSES

In 2005, CrimsonLogic’s then CEO Velusamy Mathivanan and 3 other senior executives were charged with corruption. Velusamy Mathivanan, along with his vice president of trade and logistics, financial controller and general counsel, were charged in court for offering a bribe of $35,000 to Matthias Tan, IT head of supermarket chain Carrefour. In return, Tan agreed to recommend the IT services provider to his management for an e-supply chain contract worth $400,000.

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