AsiaShipyards

ST Marine corruption scandal snares another official

Singapore: Singapore Technologies Engineering (ST Engineering) has announced today that Patrick Lee, the former group financial controller of ST Marine, was charged in the State Courts of Singapore with a total of 38 charges under section 477A of the Penal Code. Lee retired in October 2012.

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

ST Marine said it has been extending its fullest cooperation to the CPIB in its investigation since then.

Lee was reported to engage in a conspiracy with other employees in the company to claim entertainment expenses when none was incurred between 2004 and 2007.

Four former employees of ST Marine were charged by the court in December 2014, including two former presidents and two former senior vice presidents.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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