The Business Times
business-time-50
SUBSCRIBERS

Investigations against CEO Ching related to Venetian corruption probe considered concluded: Oxley  

He has never personally received any notification of any investigation for the allegations, and no charges have been brought against him, the company says

google-preferred-sourceAdd BT as a preferred source
Jessie Lim

Jessie Lim

Published Fri, Nov 1, 2024 · 06:55 PM
    • Oxley Holdings says that its CEO Ching Chiat Kwong's purchase of Palazzo Papadopoli was conducted through public tenders and was entirely above board.
    • Oxley Holdings says that its CEO Ching Chiat Kwong's purchase of Palazzo Papadopoli was conducted through public tenders and was entirely above board. PHOTO: GOOGLE MAPS

    INVESTIGATIONS against Oxley Holdings’ chief executive officer Ching Chiat Kwong for his alleged involvement in a corruption investigation in Italy are considered concluded, and no decision has been made to prosecute him, the company said. 

    Ching’s name had been entered into an Italian register of criminal information in April 2022 as a result of allegations – brought against him by an Italian contractor – involving favours granted by the mayor of Venice to developers. 

    The contractor had been appointed to develop projects in Tuscany and Venice for Ching’s personal investments. 

    oxley holdingsCorruption

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More