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Former ST Marine group financial controller fined $155,200

Former ST Marine group financial controller fined $155,200
ST Marine has announced that its former group financial controller has been fined SGD210,000 ($155,200) for falsification of company accounts under the Penal Code.

Patrick Lee, ST Marine’s employee from 15 January 2001 to 31 March 2007, was handed the fine on 1 July, in default of 21 weeks’ imprisonment. Lee pleaded guilty to seven of 38 charges under the Penal Code.

Lee was said to have made false entries for entertainment expenses amounting to SGD126,156.

The prosecution had pressed for a fine rather than a custodial sentence as Lee did not face any corruption charges unlike some of the other accused involved in the scandal of ST Marine, the marine arm of Singapore Technologies Engineering (ST Engineering).

On 1 July, two other former senior employees were charged for corruption. They were Han Yew Kwang, former chief operating officer and executive vice president (shipbuilding), and Tan Mong Seng, former president (commercial business) and chief operating officer.

In December last year, four former employees were also charged, namely former president See Leong Teck, former president Chang Cheow Teck, and former senior vice president (Tuas yard) Mok Kim Whang, and former group financial controller and senior vice president (finance) Ong Tek Liam.

The total number of former ST Marine staff implicated in the scandal now stands at seven.

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