A tycoon allegedly linked to an embezzlement case involving over US$51 million who evaded capture for 19 years has been charged with one count of criminal breach of trust.
On Dec 4, Ng Teck Lee, 58, and his wife, Thor Chwee Hwa, 55, appeared in a district court via video-link from Central Police Division.
The Singaporeans had fled the country in 2005 and were arrested by the Malaysian Anti-Corruption Commission (MACC) in Johor Bahru on Dec 3, 2024.
The couple were handed over to Singapore's Corrupt Practices Investigation Bureau (CPIB) that same day.
Ng was the chief executive and president of then listed recycling company Citiraya Industries at the time of the alleged offence.
He is accused of misappropriating electronic scrap weighing more than 6,700kg in January 2005, but court documents did not disclose how much it was worth.
The scrap purportedly came from five companies: Texas Instruments, Infineon Technologies Asia Pacific, ChipPac Malaysia, Singapore Technologies Microelectronics and RF Micro Devices (Beijing) Co.
According to court documents, Ng allegedly gave instructions to certain employees of Citiraya Industries not to crush the electronic scrap, but to instead repackage it for export.
This story is from the December 05, 2024 edition of The Straits Times.
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This story is from the December 05, 2024 edition of The Straits Times.
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