Former director admits misappropriating more than $255k of company’s money

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Suranakapan Palit, 48, has made restitution totalling $150,000 and will be sentenced on July 18.

SINGAPORE - A man who earned around $156,000 a year as a business development director at an eyewear business misappropriated more than $255,000 of the company’s money.

A third charge linked to the remaining amount will be considered during sentencing, which is scheduled for July 18. Between Oct 26, 2018, and Oct 22, 2019, the 48-year-old Thai national used a company-issued credit card to unlawfully withdraw money and pay for expenses in transactions involving more than $97,000 in total.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines