Categories: Complaints & Sanctions, DecisionsPublished On: 23/08/2023

Sai Sing Yih (39066):-

As a sole proprietor of SY Sai & Co. (SY Sai) and one of the partners of Sai Lawrence & Dominic PLT (SLD) had been punished and imposed a fine of RM300000 and costs of RM400000 by the Disciplinary Committee of the Institute on 23/8/2023 for he had on or about 3/1/2022 promoted/offered at SLD’s LinkedIn account, website of the provision of audit services and on or about 7/9/2022 published a recruitment advertisement on Jobstreet through SLD, which is likely to lead the public at large to infer that he and his Firm, namely SY Sai and SLD are qualified to promote/offer audit services when he is not allowed/qualified to do so, as he does not possess the prerequisite audit license issued by the relevant authority.