The former Financial Controller of Singapore Government-linked company, Singapore Technologies Marine Group, appeared in court this morning (Jun 10) to face corruption charges for abetment of making false claims amounting to S$126,156.
58 year old Patrick Lee Swee Ching was charged for 38 counts of falsification of accounts. The prosecution alleged that Patrick was colluding with his ex-colleagues to bribe ST Marine’s customers for ship-repair contracts. The former well-paid executive gave a statement in court today that he intends to plead guilty.
Patrick Lee faces a maximum penalty up to 10 years and a fine and is currently on a S$150,000 bail.
In December 2014, another highly-paid executive from ST Marine, former President Chang Cheow Teck, was charged in court along with two vice-presidents and another group financial controller also from ST Marine for corruptions between 2004 and 2010.
Do you think a person can be kept incorruptible by high salaries?