Singapore Engineer Bribes Sats Employee for Business Advantage

  • 📰 staronline
  • ⏱ Reading Time:
  • 49 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 75%

Business Notizia

Singapore Engineer Bribes Sats Employee for Business Advantage
BRIBERY,CORRUPTION,SINGAPORE

Lim Ban Hock, director of two engineering companies, pleaded guilty to bribing a former Sats employee, Leong Poh Keong, with CPF contributions totalling S$4,736 to secure a housing loan and advance his business interests with Sats. Leong, who was a member of Sats' tender evaluation committee, was also accused of receiving a separate bribe of $2,000 from Lim in the form of a loan.

SINGAPORE: The director of two engineering companies made Central Provident Fund contributions totalling S$4,736 to a Sats employee even though the latter was not working for his firms.

The court heard that Lim had given the $4,736 as bribes to Leong to advance TK Engineering’s business interest with Sats – the main ground-handling and in-flight catering service provider at Changi Airport. A second graft charge linked to $2,000 and one count of cheating HDB will be considered during his sentencing in February.

He then decided to finance the flat with a housing loan from HDB. However, he was unable to obtain his desired loan amount based on his salary with Sats, which was more than $3,000 per month According to court documents, Lim then made $1,184 in employer CPF contributions to Leong per month from May to August 2020. This came up to a total of $4,736.

This amount was made up of his then-Sats gross pay of $3,725 per month and the $3,200 per month gross pay that Env-Pro was purportedly paying him.In October 2020, HDB offered him a housing loan of $318,300, which was calculated based on his purported monthly income of $6,925.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

staronline /  🏆 4. in İT
 

Italia Ultime Notizie, Italia Notizie