SINGAPORE - Khoo Tzyh Shin, 34, a director of IT firm Greenit was sentenced to eight weeks in jail for fraudulently claiming a Productivity and Innovation Credit (PIC) cash payout of $58,143 for his company. This is the first such prosecution since the scheme was introduced in 2010.<a href="https://www.straitstimes.com" target="_blank"><img src="https://www.asiaone.com/html/images/logos/st_logo.jpg" border="0"></a> Get the full story from <a href="https://www.straitstimes.com" target="_blank">The Straits Times</a>.

Khushwant Singh

The Straits Times

SINGAPORE - Khoo Tzyh Shin, 34, a director of IT firm Greenit was sentenced to eight weeks in jail for fraudulently claiming a Productivity and Innovation Credit (PIC) cash payout of $58,143 for his company. This is the first such prosecution since the scheme was introduced in 2010. Get the full story from The Straits Times.

Greenit's director jailed for false claims under Productivity and Innovation Credit Scheme