Finance manager who stole more than $630k from firm claims she had 'secret instructions'

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Money Berita

Corruption,Court

A finance and human resources manager who misappropriated about $631,000 from a firm selling electronic components was sentenced to 66 months’ jail on June 19.

Posted on 20 June 2024 11:32 am | 736 views | 2 comments

She did the same with 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 he had 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 also said Mr Ng’s actions after he was told about Tan’s misappropriation by her successor showed he did not give her any secret instructions.

 

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