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Pacific Radiance’s executive director arrested over alleged corruption

Pacific Radiance’s executive director arrested over alleged corruption
OSV operator Pacific Radiance announced that an executive director of the company was arrested by Singapore authorities for alleged corruption.

In a statement release to the Singapore Exchange (SGX), Pacific Radiance said executive director Mok Weng Vai was arrested by the Corrupt Practices Investigation Bureau (CPIB) on 2 December.

“Mok Weng Vai has not been charged in court, and was released on police bail on the same day. The board is however unable to provide further details at this time as the board understands that the CPIB’s investigation is ongoing,” Pacific Radiance said in a brief statement.

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