Mok Weng Vai, one of two executive directors of Singapore offshore vessel owner Pacific Radince, was arrested on Friday by the Corrupt Practices Investigation Bureau, according to a statement from the company.
Mok was arrested on suspicion of an offence under Section 6(c) of the Prevention of Corruption Act (Cap. 241) although he has not been charged in court, and was released on police bail the same day.
Pacific Radiance says it is unable to provide further details at the moment and did say that the police investigation is ongoing.
Mok has been an executive director since July 2006, and currently heads the offshore support services division which is the group’s core business segment. According to the company’s site, Mok co-founded the group through the incorporation of Strato Maritime Services in 2002.