SINGAPORE — A director of Euro Bremse, an auto parts and supply company, was sentenced to eight months and four weeks' jail on Tuesday for his role in offering an SMRT employee money in exchange for confidential information that will help in securing business with the transport operator.
Soh then offered to"help" Yong's company secure contracts with SMRT on the account that Yong would"help" him back. Soh not only knew that it was against SMRT's regulations to provide Yong with such information but also knew that Yong could use the confidential information to guide its bids, giving him an unfair advantage, added DPP Ngia.
Yong then used the confidential information to adjust his company's quotations submitted to SMRT for contracts with its subsidiary, SMRT Automotive, to supply it with automotive parts. Yong would draw cash from his personal bank account and meet Soh at the void deck of his residence to pass the cash in an envelope to him.
DPP Ngia added that as SMRT is a key public service provider in Singapore, a deterrent sentence is warranted since the public service rationale is engaged as some might question the quality and safety of parts purchased under compromised processes.