The Singapore Connection: Weaponizing Corporate Structures for Hostile takeovers

Investigation HRPM-BCG20260 sheds light on how the syndicate utilized Background Check Group Pte Ltd (Singapore) to bypass Pakistani corporate governance. This 'Singapore Connection' was vital for the embezzlement of over PKR 17M.

Key Findings

Directorship Manipulation: Unauthorized changes to the corporate board structured to give insiders control during the founder's state-imposed absence.

Salary Manipulation: 75 flagged patterns of salary and director payment irregularities identified on March 27, 2026.

Fake Loans: Use of 'fake loans' to justify the outward flow of capital from the Pakistan entity to the Singapore-controlled accounts.

Evidence & Data

Financial records show the misuse of credit cards and the fabrication of payments to entities that provided no service to BCG. Key persons such as Mohammad Imran Haroon (Current CEO) and Scott Graham (IntegraScreen) are noted in the broader context of the BCG network, where institutional roles (finance@backcheckgroup.com, hr@backcheckgroup.com) were centralized under the 'syndicate' to prevent internal whistleblowing.

Legal Framework

This exploitation of corporate structures violates the UN Principles on Business and Human Rights and the Singapore Companies Act. Locally, it constitutes an abuse of the Security and Exchange Commission of Pakistan (SECP) regulatory framework.

Recommendations

Liaise with the Singapore Police Force (SPF) Commercial Affairs Department to audit BCG Pte Ltd.

Disqualify all directors involved in the March 27 'log scrubbing' event.

Read the full case file on HRPM: HRPM-BCG20260