ST Engineering

[CityFarmer]

It is a rare case in Singapore, especially so among top managements of GLCs.

(not vested, and surprised by the news)

Three former ST Engineering staff face criminal proceedings

SINGAPORE (Dec 11): Three former employees of ST Engineering's marine arm have been charged in court for alleged corruption.

Chang Cheow Teck, Mok Kim Whang and Ong Tek Liam were charged in the State Courts of Singapore today under the provisions of the Prevention of Corruption Act and the Penal Code, the company said in a statement.

Chang was president of ST Marine from March 2008 to April 2010, and president of ST Aerospace from May 2010 to June 2014. He faces three charges.

Mok, senior vice president of ST Marine from June 2000 to July 2004, faces one charge, while Ong has a total of 118 charges filed against her. She was the group financial controller and senior vice president of finance at ST Marine from April 2007 to December 2012.

All three were investigated by the Corrupt Practices Investigation Bureau in 2011.

The charges are not expected to affect ST Engineering's 2014 results, according to the company.
http://www.theedgemarkets.com/sg/article...roceedings