Two co-founders of Fullerton Healthcare Corporation, Dr Daniel Chan Pai Sheng and Dr Michael Tan Kim Song, were fined for submitting and approving false and inflated entertainment expense claims, Singapore courts ruled in July 2026 [1, 2, 3].
Dr Daniel Chan was fined S$135,000 for submitting falsified entertainment expense claims totaling over S$336,000, with inflated amounts exceeding S$211,000. The actual expenses were approximately S$125,000 [2, 3]. Dr Michael Tan was fined S$25,000 for approving over S$82,000 of falsified claims submitted by Dr Chan, with actual expenses around S$42,000 [2, 3].
Both men pleaded guilty to falsification of accounts on July 8, 2026, and were sentenced two days later on July 10 [2, 3]. The prosecution had sought a discharge not amounting to an acquittal on their corruption charges, which was granted by the judge at sentencing [1, 2, 3].
Neither Dr Chan nor Dr Tan personally profited from the offenses. The funds were directed to Collin Chiew, the former CEO of Aon Singapore, who faces pending legal proceedings related to the case [2, 3].
Dr Chan formerly served as deputy group CEO and Dr Tan as group CEO at Fullerton Healthcare Corporation; both no longer hold their executive positions [2, 3].
This case follows the August 2025 sentencing of a third Fullerton co-founder, David Sin, who pleaded guilty to related falsification charges and was fined S$160,000 [2, 3].
The court’s rulings mark the latest step in addressing falsified financial claims at the healthcare group, with sentencing concluded in July 2026.
