Jail for ex-company directors over $25k bribe to then Wildlife Reserves S’pore manager

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Two former directors of a company were each sentenced to seven months’ jail on Thursday for working together to give a $25,000 bribe to a then senior project manager at Wildlife Reserves Singapore (WRS).

At the time of the offences, Goh was from the exhibit design department of WRS, now known as Mandai Wildlife Group. He is no longer with the firm, and his case is pending.Deputy public prosecutors Eric Hu and Yeow Xuan told the court that as a result of the favour shown by Goh, Magnum derived substantial business advantage by securing at least three projects worth nearly $446,500 in total.

The prosecutors said Goh also offered to guide the pair on the tender process if they were willing to pay him $50,000 for items such as his “consultation services”.According to the prosecution, the two men also agreed to pay Goh in cash to cover their tracks and agreed to mask the payments as either “director fees” or “director bonus” in their internal ledgers.

The prosecutors said Magnum received information from Goh and adjusted its quotation prices to fit WRS’ budget before submitting its bids. The prosecution said Goh then made recommendations for WRS to invite Magnum to provide quotations, and subsequently pushed for WRS to engage the company for multiple projects.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 7. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Jail for ex-company directors over $25k bribe to then Wildlife Reserves S’pore managerThe pair agreed to hand the monies to Goh Meng Kwee whose case is pending. Read more at straitstimes.com.
Источник: straits_times - 🏆 5. / 69 Прочитайте больше »