Two siblings were jailed on Monday (Jan 11) for conspiring to share confidential business information with companies in China to secure contracts, said the Corrupt Practices Investigation Bureau (CPIB).
Teo Chu Ha Henry, 72, a former senior director of logistics at Seagate Technology International was sentenced to 50 months’ jail.
His sister, 68-year-old Teo Suya Bik Judy was given 41 months’ jail, and a penalty of S$2,320,864.10.
The siblings were investigated by the CPIB even though the offences were carried out in China, as the Prevention of Corruption Act states that Singapore citizens who commit corrupt acts overseas will be prosecuted as if they did so in Singapore.
The original full article can be found at channelnewsasia.com
(Photo: TODAY/Nuria Ling)