Press Release by CPIB - Singapore - Corrupt Practices Investigation ...

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Jul 1, 2015 - Email: [email protected]. Chiam Shu Yan. Senior Executive (Corporate Relations). Corrupt Practices I
CORRUPT PRACTICES INVESTIGATION BUREAU Tel: 6270 0141

2 Lengkok Bahru Singapore 159047 Fax: 6270 0320 24-hr Hotline: 1800 - 376 0000 [email protected] www.cpib.gov.sg

Press Release by CPIB (Embargoed till charges are read in Court on 1 July 2015)

Two Former ST Marine Senior Executives Charged With Corruption On 1 July 2015, two former Singapore Technologies Marine Limited (ST Marine) senior executives will be charged in Court for the following offences: i.

Former ST Marine President of Commercial Business, Tan Mong Seng One count of engaging in a conspiracy to corruptly give gratification to one Pyo Sei Jin, an agent of Hyundai Engineering and Construction Limited, amounting to $43,721.00, an offence under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act, Chapter 241.

ii.

Former ST Marine Chief Operating Officer, Han Yew Kwang Eight counts of engaging in a conspiracy to corruptly give gratification to agents of ST Marine’s customers, amounting to $790,772.00, an offence under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act, Chapter 241.

2 Five former ST Marine senior executives have already been charged with various offences related to the granting of ship repair contracts. Their cases are before the Courts. They are: i. ii. iii. iv. v.

Former ST Marine President, See Leong Teck; Former ST Marine President, Chang Cheow Teck; Former ST Marine Senior Vice-President, Mok Kim Whang; Former ST Marine Group Financial Controller, Ong Tek Liam; and Former ST Marine Group Financial Controller, Lee Swee Ching

To combat corruption through swift and sure, firm but fair action

3 Singapore adopts a zero tolerance approach towards corruption. The Corrupt Practices Investigation Bureau (CPIB) takes a serious view of any corrupt practices, and will not hesitate to take action against any party involved in such acts.

Lee Wei Kit Manager (Corporate Relations) Corrupt Practices Investigation Bureau HP: 9818 1569 Tel: 6490 5938 Email: [email protected] Chiam Shu Yan Senior Executive (Corporate Relations) Corrupt Practices Investigation Bureau HP: 9818 1569 Tel: 6490 5944 Email: [email protected]