BSP School of Accountancy and Management Ltd and BSP Ltd: Formal Accusations of Money Laundering Against Mr. Sham Mathura and Ms. Nandini Bawol-Bisnauthsing

The Financial Crimes Commission (FCC) has formally charged Mr. Sham Mathura and Ms. Nandini Bawol-Bisnauthsing with 18 counts of money laundering, in violation of sections 3(1)(b), 6, and 8 of the Financial Intelligence and Anti-Money Laundering Act 2002, alongside section 44(1)(b) of the Interpretation and General Clauses Act. As directors of BSP School of Accountancy and Management Ltd and BSP Ltd between November 27, 2016, and January 9, 2018, they are implicated in these serious allegations.