Singapore Engineer Bribes Sats Employee for Business Advantage

Business Notícia

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.

 

Portugal Últimas Notícias, Portugal Manchetes



Render Time: 2025-01-09 20:52:27