Tee International CFO resigns amid unauthorised payments probe
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TEE International ordered its group chief financial officer to leave last week due to her involvement in certain unauthorised payments, even as the man who allegedly directed these remittances remains a non-executive director of the company.
The engineering firm said over the weekend that CFO Yeo Ai Mei resigned last week after a three-man nominating committee decided that her services should be terminated in view of her involvement in the unauthorised payments.
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