Investigation Division

This Division has the primary responsibility of conducting all follow up investigations on cases and complaints that have been referred to the Division. Additionally, the Division has assumed the responsibility of investigating all offences committed under the Companies Act 1965 and Registration of Businesses Act 1956.

The Division is also responsible for recommending action that is to be taken by the enforcement team and gives full support to prosecution in order to protect stakeholders and public interests. In order to enhance the capabilities and the effectiveness of the Investigation Division, several teams with specific tasks have been set up as follows:

1. Financial and Fraud Section

This Section specialises in handling cases in relation to financial management irregularities and fraudulent transaction by officers of a corporation. This Section is also responsible in investigating issues that relate to:

  • Protection of Minority Shareholders
  • Consumer Protection
  • Forensic Accounting
  • Insolvent Trading
  • MASB Cases
  • Share Hawking
  • Fraudulent Investment

2. Corporate Governance Section

This Section is responsible for handling cases which involve corporate irregularities and breaches of company law among officers of corporate bodies under Companies Act 1965. Investigation will cover cases such as:

  • Cases on Due Diligence
  • Breach of Fiduciary Duties
  • Corporate Fraud
  • False & Misleading Information
  • Cases on Interest Schemes
  • Insolvency
  • Foreign Companies
  • Related party transaction
  • Non-disclosure cases
     

3. Special Projects Section

This Section specialises in handling investigation of special or priority cases such as :

  • Cases of Public Interest and National Security
  • Ministerial Decree
  • Intelligence
  • AMLA
     

4. General Offences Section

This Section is responsible for handling all investigation cases under general offences in relation to provisions of the acts governed by SSM. Cases covers by this Section are as follows:

  • Annual returns
  • Statutory records
  • Non-tabling of accounts
  • AGM offences
  • Referred cases
  • ROB cases
  • Trust companies
     

5. Exhibit Unit

This unit plays a supporting role by managing the exhibit or documents of the Investigation Division. Their responsibilities are as follows:

  • Develop and implement guidelines and policies for exhibit management
  • Catalogue, manage and ensure security of any exhibits to legal cases
  • Ensure the safe return of exhibits
  • Ensure that specific documents are destroyed as directed by the court at completion of case