The Founder of Singapore bunker supplier Sentek Marine & Trading, Pai Keng Pheng, on Thursday (15 October) was released from police custody after a hearing at the State Courts of Singapore, learned Singapore bunker publication Manifold Times.
“He has been released on a SGD 300,000 bail and e-tagged. The case is scheduled for further mention in eight weeks,” according to an update from an Attorney-General’s Chambers (AGC) spokesperson.
Pai on 1 October faced a charge from Singapore’s Criminal Investigation Department at the State Courts of Singapore for allegedly receiving stolen property of 2,916.30 metric tonnes of marine gasoil valued at USD 1,360,226.24.
The stolen property was transferred from Shell, Pulau Bukom to the bunker tanker Sentek 22 between 1st and 31st March 2017.
The AGC later confirmed he was later ordered to be remanded for a further week for investigations until 15 October.
Earlier coverage of developments regarding the Shell MGO bunker heist can be found below:
Related: Shell MGO bunker heist: Chemical oil tanker “M/T Prime South” forfeited by State Courts of Singapore
Related: Shell MGO bunker heist: Founder of Sentek face charge at State Courts of Singapore
Related: Singapore: Shell MGO bunker heist amount balloons to USD$142 million
Related: Shell MGO bunker heist update: Fresh charges issued at Singapore court
Related: Shell Singapore oil heist: More charges issued at court
Related: Shell Singapore oil heist: Nine charged offered bail
Related: Singapore bunker employee faces additional charges
Related: Intertek Singapore employee among Shell oil heist suspects
Related: Shell Singapore oil heist update: More individuals charged
Related: Shell Singapore oil heist: Shipowner should have conducted a charterer check
Related: Fuel syndicate busted at Singapore Shell Bukom
Related: Shell Singapore oil heist: Breakdown of stolen oil cargoes
Photo credit: Manifold Times
Published: 15 October, 2020
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‘We [Consort Bunkers] have the opinion that the bunker business in Singapore is not related to the widely reported earlier cargo commodity trading mishaps,’ company source tells Manifold Times.