RentLah and its affiliated companies have initiated legal action against a former director and several companies linked to motor dealer Skyway, alleging a fraudulent cashback scheme involving the purchase of 95 vehicles. The suit claims that the former director, Ong Yong Soon, conspired with Skyway and its director to inflate vehicle prices, allowing RentLah to receive undisclosed cashback payments connected to the hire-purchase agreements.

The six car rental companies under the RentLah group involved in the lawsuit include RentLah Leasing, ReadyDrive Rental, RentNOW Leasing, ReadyRide Rental, ReadyGo Leasing, and RentCarsSG Leasing. The companies contend that the hire-purchase agreements for the vehicles are void and seek to recover amounts already paid to Skyway.

According to court documents, Ong, who served as managing director and was responsible for the group’s financing arrangements until July 17, 2026, acknowledged negotiating directly with Skyway and arranging the cashback payments. He stated that while he did not have a full record of every payment, the total cashback amounted to around $1 million. Ong’s admission was made after he learned that some of the hire-purchase agreements had been assigned to DBS Bank without his knowledge. DBS Bank confirmed awareness of the legal proceedings but declined further comment due to the ongoing nature of the case.

RentLah and associated companies allege that the prices for the 95 cars, acquired between May 2024 and May 2025 under hire-purchase agreements with Skyway Credit & Leasing—a financing affiliate of Skyway—were substantially above market value. A portion of the vehicles are reportedly registered for use by private-hire drivers, according to data from the Land Transport Authority.

Skyway, along with Skyway Credit & Leasing, Skyy Car Rental, and Skyway Motor, as well as director Kheh Thiam Hoo, have been named in the suit. They have denied the allegations, stating that only 70 of the 95 vehicles were sold to RentLah and assert that other RentLah directors were aware of the hire-purchase agreements. Skyway has filed a counterclaim seeking over $1.3 million, citing unpaid instalments, late payment interest, and charges.

The dispute unfolds amid growing scrutiny of vehicle leasing firms following the high-profile collapse of Autobahn Rent A Car earlier this year. Autobahn, a major operator with a fleet of approximately 1,700 vehicles, went into liquidation in January owing creditors more than $300 million.