Singapore: Three ex senior executives from shipbuilder Singapore Technologies Marine have been charged today with corruption and falsification of accounts.
Former president Chang Cheow Teck faces three charges of corruption involving a total sum of $273,778. The 54-year-old has been accused of conspiring with subordinates Teh Yew Shyan and Ong Teck Liam, between 2004 and 2010.
The three people charged are alleged to have given bribes in return for favours such as ship repair contracts.
Ong, 58, the firm's former group financial controller and senior vice president (Finance), was charged with 118 counts of making false petty cash claims amounting to over $500,000 in entertainment expenses, when there were none. She was accused of being in conspiracies involving Chang and Teh, among others.
Separately, ST Marine's former senior vice-president (Tuas Yard) Mok Kim Whang, 64, has been accused of conspiring with others to corruptly pay $43,721 to a company in May 2004. [11/12/14]