Tiong Seng Holdings announced that its CEO and executive director Pek Lian Guan and the director of Tiong Seng Contractors Pay Teow Heng were charged in court on July 24, 2020.
The charges were in relation to alleged offences under Section 6b of Chapter 241 of the Prevention of Corruption Act (PCA) in Singapore.
Pek and Pay were each charged on two counts of bribery in the form of loans to former Land Transport Authority (LTA) deputy director Henry Foo Yung Thye to advance the business interests of Tiong Seng Contractors.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)