SINGAPORE: Former Megaspeed executive Alice Huang was issued a stern warning and barred from re-entering Singapore after police assessed that she knowingly provided inaccurate information to downplay her role in the company during investigations, the Ministry of Home Affairs (MHA) said on Thursday (Nov 12).
In February 2026, after consulting the Attorney-General’s Chambers (AGC), police concluded that there was insufficient evidence to establish that Huang had committed any offences relating to the possible inaccurate declarations for which Megaspeed was being investigated.
MHA said that police investigations into Megaspeed and six other individuals are ongoing, adding that none of the six people has been in Singapore since investigations began in February 2025.
“Singapore is committed to upholding our reputation as a trusted and reliable business hub. We will not allow companies or individuals to misuse Singapore’s business environment to engage in fraud or dishonest practices,” MHA said.
It added that Huang’s passport was returned on Feb 26, 2026, and she left Singapore the same day.
Singapore-based Megaspeed has come under scrutiny following reports that US intelligence officials suspected its former executive Huang of spying for Beijing. Huang is also involved in an affair with Nvidia CEO Jensen Huang.
INVESTIGATIONS INTO MEGASPEED, HUANG
The Singapore Police Force (SPF) and Singapore Customs began an independent investigation in February 2025 into several companies and their key officers over suspected offences involving potential false declarations in the purchase of servers and other related offences.
Megaspeed and its controllers were among those under investigation.
Huang, a Hong Kong resident, was investigated for her suspected involvement in the possible offences in Singapore, given her position as then-CEO, chairperson and one of the key controllers of Megaspeed.
She was not based in Singapore, and was not investigated for espionage, MHA said.
In a press conference on Mar 3, 2025, Coordinating Minister for National Security and Minister for Home Affairs K Shanmugam said that the investigations were not based on any request from any country or sovereign entity.
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