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Former Keppel Shipyard officer faces 395 counts of corruption

Jaclyn Jaeger | October 18, 2017

Singapore’s Corrupt Practices Investigation Bureau charged a former senior procurement officer of Keppel Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine, with 395 counts of corruption.

On 26 September 2017, Neo Kian Siong, appeared in court for a total of 395 charges for the following offences:

  • 78 counts of corruptly accepting a total of S$293,000 (US$216,000) from several company directors and a sales engineer in exchange for helping the companies further their business interests with Keppel Shipyard. This constituted a violation of Section 6(a) of the Prevention of Corruption Act, Chapter 241.
  • 270 counts of converting approximately S$933,600 (US$687,850), which wholly represents benefits from criminal proceeds, to numerous forms of assets—such as vehicle deposits and hire purchases, housing loan, insurance premiums, shares, unit trusts, foreign... To get the full story, subscribe now.