Finance manager who stole more than $630k from firm sentenced to 66 months’ jail

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Ivy Tan Yee Ling, 35, was convicted over four charges of criminal breach of trust by a servant following a trial.

SINGAPORE - A finance and human resource manager who misappropriated about $632,000 from a firm selling electronic components was sentenced to 66 months’ jail on June 19.

She did the same to two other cheques worth about $261,000 and $99,000 between February and March 2017. The prosecutor said that her defence was that Mr Ng told her to bank in the four cheques to various beneficiaries, and then to pass the proceeds to him in cash as he wanted to hide the true dividend amount from his wife because of an alleged relationship with another employee.

“And as if that was not difficult enough to believe, her account further requires the court to believe that she did all of this for no reward, even after her relationship with soured, and right up till her last day of work at the company.DPP Ng said that while Tan claimed she had returned the full amount to Mr Ng in cash, there is no evidence that she had returned a single cent to Mr Ng or Exim.

 

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