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Former BP Singapore marine fuels executive charged for corruption

BP Singapore’s former eastern regional director for marine fuels, Clarence Chang Peng Hong, is facing charges with pocketing $3.95m in bribes, reports said.

Lee Hong Liang, Asia Correspondent

March 9, 2017

1 Min Read
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Chang has faced the charges in a Singapore court on Thursday for corruptly obtaining bribes of $3.95m from Koh Seng Lee, executive director of Pacific Prime Trading (PPT), as an inducement for advancing the business interest of PPT with the oil major BP, the local media reported.

The alleged offences took place between July 2006 and September 2008.

Between January 2007 and March 2010, Chang allegedly made several interbank transfers involving the corrupt proceeds.

He also faced charges involving using the corrupt proceeds to acquire properties in Singapore, and to acquire share capital of a Singapore-based preschool.

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About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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