Singapore: Former LTA deputy group director charged with corruption involving $1.2 million in loans

A former deputy group director of the Land Transport Authority (LTA) was charged on Friday (July 24) with corruption involving $1.24 million in loans from contractors and sub-contractors.

Henry Foo Yung Thye, 46, who had a gambling habit and had chalked up debts, allegedly obtained gratification in the form of loans from contractors and sub-contractors of the LTA between 2014 and 2019.

Sometime early last year, the Singaporean also allegedly attempted to obtain gratification in the form of a loan of around $30,000  from a sub-contractor of the LTA in order to advance its business interest with the agency.

The original full article can be found at straitstimes.com.

(Picture: LTA/YOUTUBE)

 

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