{"id":35527,"date":"2026-03-12T01:49:36","date_gmt":"2026-03-11T17:49:36","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=35527"},"modified":"2026-03-12T01:49:36","modified_gmt":"2026-03-11T17:49:36","slug":"briton-sentenced-to-jail-in-january-over-wirecard-linked-offences-has-bail-revoked-over-flight-risk","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=35527","title":{"rendered":"Briton sentenced to jail in January over Wirecard-linked offences has bail revoked over flight risk"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">SINGAPORE \u2013 A man out on bail pending his appeal against his conviction and jail sentence for offences <a href=\"https:\/\/www.straitstimes.com\/singapore\/courts-crime\/two-men-in-wirecard-case-claim-trial-to-charges-regarding-false-documents?ref=inline-article\" rel=\"noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">linked to collapsed German payments company Wirecard<\/p>\n<p><\/a> had his bail revoked on March 11.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Briton James Henry O\u2019Sullivan, 51, is now in remand, and he appeared in court via video link from the Central Police Division.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">O\u2019Sullivan was <a href=\"https:\/\/www.straitstimes.com\/singapore\/courts-crime\/jail-for-singaporean-briton-over-offences-linked-to-wirecard?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">sentenced to 6\u00bd years\u2019 jail <\/p>\n<p><\/a>in January after he was convicted of five counts of falsification of accounts linked to Wirecard.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">He was then released on $300,000 bail pending his appeal against his conviction and sentence.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">However, he was arrested on <!-- -->March 9<!-- -->, as he was believed to have broken, or likely to break, his bail conditions, Deputy Public Prosecutor Gordon Oh told the court on March 11.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Among the conditions were that O\u2019Sullivan must not commit any offences while out on bail, and he must surrender his travel document.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Urging the court to revoke bail, DPP Oh said that a review of the Briton\u2019s mobile phone seized on March 9 found images of two passports bearing his name and photograph.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The<!-- --> images<!-- --> showed a Republic of Vanuatu passport and a United Kingdom passport.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The latter travel document had a different passport number from O\u2019Sullivan\u2019s UK passport that had been impounded by the Commercial Affairs Department since 2020. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The browser tabs and bookmarks on his seized mobile <!-- -->devices<!-- --> also showed that he had been doing research on accommodation in Vanuatu.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">O\u2019Sullivan had also made <!-- -->inquiries<!-- --> on matters involving extradition to Singapore.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">DPP Oh told the court that these showed O\u2019Sullivan had an intent to abscond.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The prosecutor said that the Briton was a flight risk, stressing that he has no roots, family or job in Singapore.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">O\u2019Sullivan is represented by a team led by lawyer Tito Shane Isaac, who told the court that he needed time to take instructions from his client on the next steps.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The lawyer said that he could not consent to the bail being revoked.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">After hearing both sides, District Judge Ng Cheng Thiam revoked O\u2019Sullivan\u2019s bail, adding that there was evidence to believe that he is a flight risk.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The case will be mentioned again in court on March 18.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">A district court had earlier found O\u2019Sullivan and Singaporean R. Shanmugaratnam, 59, guilty of offences linked to\u00a0Wirecard in September 2025 after a trial.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">They were both handed jail sentences in January, but indicated that they planned to appeal against their convictions and sentences.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Shanmugaratnam\u00a0<a href=\"https:\/\/www.straitstimes.com\/singapore\/courts-crime\/2-men-convicted-of-falsifying-accounts-linked-to-collapsed-payments-company-wirecard?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">was convicted of 13 counts of falsification of accounts linked to nearly \u20ac1.1 billion<\/p>\n<p><\/a> (S$1.6 billion) purportedly held in escrow for\u00a0Wirecard and its related firms. He was sentenced to 10 years\u2019 jail.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">O\u2019Sullivan had abetted Shanmugaratnam to issue five of the letters in March 2017.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">In earlier proceedings, the court heard that from 2016 to 2018, Shanmugaratnam, who was then a director of Citadelle Corporate Services, issued 13 balance confirmation letters.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The documents falsely confirmed to\u00a0Wirecard\u00a0AG, its related companies WCUKI and Cardsystems, as well as their auditors, that Citadelle held nearly \u20ac1.1 billion in escrow for the\u00a0Wirecard\u00a0entities across three financial years.\u00a0<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Escrow is an arrangement where a neutral third party holds money or assets on behalf of two parties until agreed conditions are fulfilled. This service can support transactions such as mergers and acquisitions in capital markets.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Wirecard\u00a0<a href=\"https:\/\/www.straitstimes.com\/business\/companies-markets\/mas-orders-wirecard-to-cease-payment-services-in-singapore?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">filed for bankruptcy in 2020\u00a0<\/p>\n<p><\/a>after disclosing that \u20ac1.9 billion in cash, supposed to be in bank accounts in the Philippines, did not exist.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.straitstimes.com\/singapore\/courts-crime\/briton-sentenced-to-jail-in-january-over-wirecard-linked-offences-has-bail-revoked-over-flight-risk\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE \u2013 A man out on bail pending his appeal against his conviction and jail sentence for offences linked to collapsed German payments company Wirecard&#8230;<\/p>\n","protected":false},"author":1,"featured_media":35528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-35527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/35527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35527"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/35527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/35528"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}