Saturday, September 3, 2016

Two ex-ST Marine execs plead guilty to bribery, making false expense claims

Latest: Corruption and Money Laundering.

Two ex-ST Marine execs plead guilty to bribery, making false expense claims.


Former senior vice-president Mok Kim Whang (left)
and former chief operating officer and
deputy president Han Yew Kwang. 
ST PHOTOS: WONG KWAI CHOW
Two former senior executives of shipbuilder ST Marine have admitted to giving bribes in one of the largest corruption scandals in corporate Singapore.
The men, who were facing more than 1,700 charges, pleaded guilty to one count of giving bribes.
Both men, who were at the centre of the scandal, have also pleaded guilty to 49 counts each of conspiring to use bogus entertainment expense claims to cover up bribes. A third executive is on trial.
Former senior vice-president Mok Kim Whang, 65, former president of commercial business Tan Mong Seng, 65, and former chief operating officer and deputy president Han Yew Kwang, 58, allegedly conspired to make more than $6.5 million in false entertainment expense entries in the firm's petty cash voucher system. The alleged plot took place between 2000 and 2009. They were charged with corruption in December 2014 and July last year.
Mok, who faced 826 charges of conspiring to make false entertainment expen..

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