Inland Revenue said it administered the schemes under a \u201chigh trust model\u201d.<\/p>\n
Those initiatives included the Small Business Cashflow Loan scheme (SBCS) introduced in April 2020.<\/p>\n
Another was the Resurgence Support Payment (RSP) in February 2021.<\/p>\n
In March 2022, when the Omicron variant was running rampant, the Government introduced an SBCS top-up.<\/p>\n
Inland Revenue said Singh made various declarations, including that the applicant had the legal right to apply for the loan on behalf of the borrower.<\/p>\n
The money was supposed to be for core business operating costs such as rent, insurance, utilities, supplier payments, or rates.<\/p>\n
Instead, the $108,000 went to living expenses and a personal loan for a family vehicle.<\/p>\n
Inland Revenue said Singh, from Auckland, submitted 16 SBCS applications, six RSP applications, and one for an SBCS top-up. <\/p>\n
\u201cHe made applications for himself, his ex-wife, his father [who had passed away], friends, wider family members, former clients, and companies he had set up but which never traded.\u201d<\/p>\n
Inland Revenue said in May 2020, Singh submitted an SBCS application for National Security Ltd, a company he formerly ran with his ex-wife. <\/p>\n
The money went into a joint bank account but Singh then siphoned it off into his account at another bank, using it to pay off a personal loan. <\/p>\n
\u201cHe also made an application in his ex-wife\u2019s name, falsely claiming he was authorised to do so,\u201d Inland Revenue said.<\/p>\n
Court records show Singh in September 2024 faced 23 charges of using or obtaining documents for pecuniary advantage.<\/p>\n
He pleaded guilty to two representative charges of dishonestly using a document.<\/p>\n
He was sentenced on Friday.<\/p>\n