BP Singapore bunker bribery case continues

BP Singapore bunker bribery case continues


Clarence Chang, the former regional manager for marine fuels at BP Singapore, and Koh Seng Lee were allegedly in cahoots with each other for business gains, a Singapore court heard on Tuesday.

The development initially started when Chang told Koh to start Pacific Prime Trading (PPT) so that he could appoint PPT as an approved supplier for BP’s marine fuel; eventually leading the company to become BP’s sole supplier of bunkers, reports the Straits Times.

Koh, the sole shareholder and executive director of PPT, is a shareholder and director of Vermont UM Bunkering; Koh and Chang's wife, Fennie Ong, were also directors and equal shareholders of pre-school Mindchamps.

In short, Koh is facing 20 charges; he is accused of corruptly offering a $500,000 bribe to Chang in the form of a $500,000 funds transfer to Mindchamps Preschool @ City Square over a period of six months from Sept 17, 2009.

He is also alleged to have offered bribes amounting to US$3.95 million to Chang over 19 occasions for advancing the business interests of PPT with BP.

Chang, meanwhile, faces 20 mirror charges of corruptly receiving the bribes from Koh.

The alleged offences took place between the period of July 31, 2006 and July 26, 2010.



Published: 7 February, 2018

 

Oil Price

Top Ports Price $/mt Change High Low Spread
Singapore 000.00 000.00 000.00 000.00 000.00
Fujairah 000.00 000.00 000.00 000.00 000.00
Rotterdam 000.00 000.00 000.00 000.00 000.00
Hong Kong 000.00 000.00 000.00 000.00 000.00
Antwerp 000.00 000.00 000.00 000.00 000.00
Top Ports Price $/mt Change High Low Spread
Singapore 000.00 000.00 000.00 000.00 000.00
Fujairah 000.00 000.00 000.00 000.00 000.00
Rotterdam 000.00 000.00 000.00 000.00 000.00
Hong Kong 000.00 000.00 000.00 000.00 000.00
Antwerp 000.00 000.00 000.00 000.00 000.00
Top Ports Price $/mt Change High Low Spread
Singapore 000.00 000.00 000.00 000.00 000.00
Fujairah 000.00 000.00 000.00 000.00 000.00
Rotterdam 000.00 000.00 000.00 000.00 000.00
Hong Kong 000.00 000.00 000.00 000.00 000.00
Antwerp 000.00 000.00 000.00 000.00 000.00

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