Jail for company director who gave over $24k in bribes to ex-SMRT employee

SINGAPORE - A company director bribed an SMRT employee in exchange for confidential quotation information.

He had pleaded guilty to two corruption charges, with three other similar charges taken into consideration for sentencing.after admitting to corruption and forgery charges.SMRT was one of EB’s biggest customers, buying parts from EB for the maintenance of its buses, including parts relating to the buses’ engines and brakes.

After that, assistant buyers initiate what is referred to as a sourcing event within the transport provider’s procurement system called Ariba. Quotations from relevant vendors are submitted to Ariba by a stipulated date. About once or twice a month on average between 2016 and 2020, Soh supplied Yong with confidential information on EB’s competitors’ quotations for past and ongoing RFQs.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jail for auto parts company boss who bribed SMRT employee 37 times for insider information on contractsSINGAPORE — A director of Euro Bremse, an auto parts and supply company, was sentenced to eight months and four weeks' jail on Tuesday (Sept 26) for his role in offering an SMRT employee money in exchange for confidential information that will help in securing business with SMRT.
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