31 March, 2016
An ex-financial controller and senior vice-president of Singapore Technologies Marine (ST Marine), Ong Teck Liam, has pleaded guilty to conspiracy to commit bribery. She allegedly conspired with other former ST Marine executives to approve false claims on entertainment expenses to fund cash commissions or bribes made by ST Marine officers to the company's customers to obtain business for the company. Three other former senior executives of ST Marine, including the former senior vice-president, the former president of commercial business and the ex-chief operating officer are also being charged with corruption.
For further information, please contact:
Kyle Wombolt, Partner, Herbert Smith Freehills
kyle.wombolt@hsf.com