You are here

Ex-Sembmarine finance chief slapped with 39-month jail sentence

BT_20141030_MQWEE30_1343136.jpg
Wee pleaded guilty to falsifying the foreign exchange trade valuation reports of Jurong Shipyard.

Singapore

FORMER Sembcorp Marine group finance director Wee Sing Guan pleaded guilty on Wednesday to a host of fraud charges relating to currency bets he took years ago that cost the group US$303 million in losses.

He was sentenced to 39 months' jail. Wee, 65, pleaded guilty to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes