Former ST Marine financial controller avoids jail sentence

Former ST Marine financial controller avoids jail sentence

Singapore: Patrick Lee, the former group financial controller of Singapore Technologies Marine, has been fined for his role in falsifying documents in a conspiracy with other employees to claim entertainment expenses when none was incurred between 2004 and 2007.

Lee pleaded guilty to a total of seven charges under section 477A of the Penal Code, and was given a fine of S$210,000 ($155.4k) in default of a 21 week prison sentence.

A total of seven former ST Marine employees have been charged with corruption offences related to the granting of ship repair contracts, that were subsequently accounted for as a series of petty cash claims for entertainment expenses.

The Corrupt Practices Investigation Bureau started investigations on certain transactions involving former and current employees of ST Marine in 2011.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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