News @ AsiaOne

Whistle-blower fined rather than jailed

Ang Seng Thor fined $200,000, barred five years from being company director. -myp

Tue, Oct 12, 2010
my paper

THE former head of AEM-Evertech Holdings was fined rather than jailed for corruption yesterday after disclosing bribes to companies, including Seagate Technology.

Ang Seng Thor's whistle-blowing led to the full discovery of wrongdoings that were difficult to uncover and prosecute, a district court heard.

Ang was fined a total of $200,000 on two corruption charges and barred five years from being a company director.

AEM-Evertech was renamed AEM Holdings in May 2007.

 


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