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Pay up or face suit
Wed, Jan 14, 2009
The Straits Times

By Elizabeth Wilmot

TECH firm Advance Modules, already up to its neck in financial and legal woes, has received a demand from its special auditor for payment of $448,500.

KPMG Advisory Services wants the sum - fees for its services - to be paid within seven days from Jan 9. It has threatened to start legal proceedings if the debt is not settled.

Advance Modules has been accused of being involved in 'round-tripping' transactions with NEL, Long Gain Technology and Diviner Technology.


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