Acra expands probe to all registered entities linked to Loh cousins behind Newcastle bid

Cousins Nelson (left) and Terence Loh grabbed headlines last month by announcing a takeover bid for Newcastle United.
Cousins Nelson (left) and Terence Loh grabbed headlines last month by announcing a takeover bid for Newcastle United.PHOTO: ST FILE

SINGAPORE - The Accounting and Corporate Regulatory Authority (Acra) is expanding its probe and will be looking into all registered entities linked to Singaporean cousins Nelson and Terence Loh.

Acra was responding to queries from The Straits Times after the paper reported on Thursday (Sept 24) that the police has commenced investigations into one of the Lohs' firms for allegedly using unauthorised signatures of an accounting firm on its financial statements.

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