Asia

Otto Marine yard boss charged with corruption

Singapore: Mok Kim Whang, president of the shipbuilding and fabrication division of Otto Marine, has been charged with corruption for alleged bribery while working at a former company.

Mok received one charge in the State Courts of Singapore under the provisions of the Prevention of Corruption Act. 

The alleged offences date back to 2004. Mok was senior vice-president of Tuas Yard at Singapore Technologies Marine from June 2000 to July 2004. Further investigations are ongoing.

He is among three former employees of Singapore Technologies Marine that are alleged to have given bribes in return for favours such as ship repair contracts, as SeaShip News reported yesterday.

Otto Marine has not been contacted by the Corrupt Practices Investigation Bureau (CPIB) to assist on any such investigations, the group said today in a statement.

“Pending the outcome of the court proceedings, Mok remains employed by the company. The company will consult its lawyers and consider its next steps with regards to the employment status of Mok after the verdict at the end of the trial,” Otto Marine said.

Before joining Otto Marine in March last year, Mok was employed by Keppel Philippines.

Singapore-listed Otto Marine does not expect his charge to have any effect on its assets or earnings. [12/12/14]
 

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Splash is Asia Shipping Media’s flagship title offering timely, informed and global news from the maritime industry 24/7.
Asia

Otto Marine yard boss charged with corruption

Singapore: Mok Kim Whang, president of the shipbuilding and fabrication division of Otto Marine, has been charged with corruption for alleged bribery while working at a former company.

Mok received one charge in the State Courts of Singapore under the provisions of the Prevention of Corruption Act. 

The alleged offences date back to 2004. Mok was senior vice-president of Tuas Yard at Singapore Technologies Marine from June 2000 to July 2004. Further investigations are ongoing.

He is among three former employees of Singapore Technologies Marine that are alleged to have given bribes in return for favours such as ship repair contracts, as SeaShip News reported yesterday.

Otto Marine has not been contacted by the Corrupt Practices Investigation Bureau (CPIB) to assist on any such investigations, the group said today in a statement.

“Pending the outcome of the court proceedings, Mok remains employed by the company. The company will consult its lawyers and consider its next steps with regards to the employment status of Mok after the verdict at the end of the trial,” Otto Marine said.

Before joining Otto Marine in March last year, Mok was employed by Keppel Philippines.

Singapore-listed Otto Marine does not expect his charge to have any effect on its assets or earnings. [12/12/14]
 

RELATED STORIES:

ST Marine trio charged with corruption

Otto Marine shuffles the pack

Splash

Splash is Asia Shipping Media’s flagship title offering timely, informed and global news from the maritime industry 24/7.
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