Executive jailed eight years for corruption

 
  Agence France Presse
December 15, 2005
SINGAPORE


A FORMER executive at a Singapore electronics firm has been sentenced to eight years in prison for his role in one of the city-state's biggest corruption scandals, court officials said Thursday, Dec 15 .

The sentence for Ng Teck Boon, the former assistant general manager at Citiraya Industries, was one of the longest handed down for white collar crime over the past two decades in Singapore.

Ng, 37, was charged with 193 counts for falsifying company books and for his role in a graft scam amounting to S$1.82 million where he bribed staff working with Citiraya's customers.

The bribes were part of a ploy to divert unwanted electronic scrap to Citiraya so that the firm could resell it in other markets.

"The facts before the court show that the accused was an essential link and a principal character in the hierarchy of those involved in the commission of these offences who set the fraudulent schemes in motion," Judge Richard Magnus said Wednesday when he passed the sentence.

"He was a willing abettor, well knowing that the schemes in question were fraudulent and not one who had no idea of the manner in which they were to be implemented."

Ng was charged in July.

Citiraya Industries was a favorite with stock punters until the corruption scandal at the electronics waste recycler unfolded this year.


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