Indian national jailed in Singapore for failing to return money mistakenly transferred

A 47-year-old Indian national has been sentenced to nine weeks’ jail by a Singapore court after he failed to return SGD 25,000 (Rs 16 lakh approximately) mistakenly transferred to his bank account, despite knowing the money did not belong to him.

On October 14, Periyasamy Mathiyazhagan pleaded guilty to misappropriating the money and told the court that



he had used the money to pay off his debts and remitted some of it to his family in India.

Periyasamy worked for a plumbing and engineering firm from 2021 to 2022.

His legal woes started on April 6, 2023, when an administrator at the firm transferred the SGD 25,000 to his bank account, which she had thought was the company’s account.