Directive of Investigation was issued to Ms Long Sok Goon Nancy on 18 Nov 2023 to demand her to answer to the financial irregularities in the company. She refused wilfully, and she said that she could only respond to the Court Order to reveal her accounts. She was however reminded that our rights to inspect the accounts is empowered by Companies Act Section 199. Dr Zul's access is unconditional. She refused. In any case, we got a Court Order for us to continue investigation of her financial irregularities, she cannot terminate Dr Zul as a Director, as Supreme Court felt that Dr Zul's investigation on her cannot be stopped.
@gazythegreat Penal Notice issued to nancy long @dwaysinternational warning her the penalties if she breaches Supreme Court order, 3 years maximum jail sentence and fine. Dr Zul will be continuing to investigate this rogue CEO for her conduct, and why vietnam revenue is not reported at all in company's books and to @irassg @iriskoh11 @chiengmary @rameshchinapan436 #singaporetiktok #tiktoksg #sgtiktok #viral #viralvideo #viralsg #fyp #foryoupage ♬ original sound - Gazy The Great
We executed a search order on the company, and searched through the company's whatsapp account and also proceeded to look at all the previous GST submissions and found tremendous mismatch of the figures.
GST submission is done by her and her alone. So all omissions can be tracked legally to be her responsibility.
GST amount is wrong for July - Sept 2023. Complete omission of Vietnam revenue.
GST amount is wrong for Oct - Dec 2022. Complete omission of Vietnam revenue.
GST amount is wrong for Jan - Mar 2023. Complete omission of Vietnam revenue.
GST application declaration is manifestly wrong as Vietnam is already open. As whatsapp group with Vietnam was open on Sept 2022, but in the month of Aug, you would expect foreign revenue. So there is high possibility of misrepresentation.
Legal Notice and Disclaimer
I stand by what I say here. If any party wishes to file a legal action against me, you can reach me @gazythegreat on telegram, I will give you an actual legal name (i.e. my official name) and an address where you can serve legal correspondence to.
As an experienced management consultant, I have been hired by Dr Zul with a crucial and sensitive mission: to investigate the financial records of Dways International. This company, a known name in the field of nutritional supplements, impacts thousands of independent sales representatives and countless customers globally, including a significant number in Singapore. The responsibility of this investigation weighs heavily on my shoulders, as the potential implications of my findings could affect many lives.
Over the course of my inquiry, I have meticulously combed through Dways International’s financial documents, searching for inconsistencies and irregularities. My approach has been systematic and thorough, with a commitment to uncovering the truth. However, despite being given ample opportunities to respond and offer explanations for the discrepancies noted, the officers at Dways International have maintained a concerning silence. They have refused to engage or answer any of the pressing questions raised during the investigation. This lack of cooperation has been disheartening, yet it has only strengthened my resolve to bring to light the facts uncovered.
Today, I stand before you with preliminary findings that shed light on some unsettling aspects of Dways International’s financial practices. It is important to note that these findings are initial observations and are by no means conclusive. They represent a snapshot of a complex situation that requires further examination and understanding. I present this information not as an indictment, but as a call for transparency and accountability.
The silence and refusal of Dways International’s officers to engage with the investigation is alarming, especially considering the vast number of individuals who rely on the company’s products and business opportunities. As someone committed to ethical business practices and consumer protection, I cannot in good conscience withhold these findings. It is imperative that both the representatives and customers of Dways International, as well as the general public, are aware of the potential issues at hand. This knowledge is crucial for making informed decisions and safeguarding one’s interests.
While I am revealing these preliminary findings to alert and protect the community, I want to emphasize that this investigation is ongoing. The conclusions and observations shared here are subject to change. Should the officers at Dways International choose to break their silence and provide clarifications or additional information that sheds new light on the situation, I am fully prepared to revisit and revise my findings accordingly.
In conclusion, while I navigate this complex and evolving situation, my commitment remains steadfast: to uncover the truth and ensure that no more individuals, whether in Singapore or elsewhere, suffer due to the actions of Dways International. This is a call for transparency, a demand for answers, and a commitment to justice. The journey to uncover the full story continues, and I am dedicated to sharing updates and insights as they become available.
Best regards,
Raymond Ng