Daniel Chun Ling Ping, 50, was sentenced in June 2026 to 30 weeks in jail for submitting fictitious invoices and transaction listings to the Inland Revenue Authority of Singapore (IRAS) during a goods and services tax (GST) audit [1, 2, 3, 4].
Chun was authorised by Teo Ah Moy, the sole director of Maxim Ingredients International and Matrix Ingredients, to respond to the IRAS audit [1, 2, 3, 4]. Although Maxim was dormant, Chun created false documents that materially misrepresented the companies’ GST transactions, leading to significant underreporting of taxes [1, 2, 3, 4].
The offences caused more than $1.7 million in taxes to be undercharged in relation to Teo’s companies [1, 2, 3, 4]. Teo Ah Moy was ordered in August 2025 to pay more than $3.5 million in fines and penalties for Income Tax and GST offences tied to these companies [1, 2, 3, 4].
IRAS stated that "As a certified public accountant, Chun’s role carried significant responsibility, making his facilitation of tax offences especially serious" [1]. Chun’s bail was set at $55,000, and he will be filing an appeal against the sentence [1, 2, 3, 4].
IRAS had issued a statement detailing the audit and the charges against Chun on May 21, 2026 [1, 2, 3, 4]. The sentencing in June marks the latest step in enforcement actions linked to these tax offences.
Chun’s case highlights legal consequences for accountants who submit fraudulent documents during tax audits. The court’s decision came after extensive investigations by IRAS into Maxim Ingredients International and Matrix Ingredients’ GST returns.
Chun is scheduled to appear in court for his appeal proceeding following the jail sentence handed down this month.
