Three former Shell Eastern Petroleum employees involved in the Shell MGO bunker heist on Tuesday (23 February) were charged with bribery as the probe into the SGD 200 million gas oil heist continues, reports The Business Times.
The accused, Juandi Pungot, Muzaffar Ali Khan Muhamad Akram, and Richard Goh Chee Keong had previously been charged with criminal breach of trust bt embezzling millions of dollars’ worth of gas oil from the Pulau Bukom refinery for sale to other parties.
The trio allegedly bribed employees of surveying companies inspecting the receiving vessels to inaccurately report the amount of gas oil loaded.
Juandi and Muzaffar Ali Khan purportedly gave out bribes amounting to USD 91,900 to 10 employees of such surveying companies between 2014 and 2017.
Similarly, Goh is accused of offering bribes amounting to USD 25,000 to three employees of surveying companies to misreport gas oil loaded onto receiving vessels.
All three are scheduled to appear in court in March.
If convicted of graft, an offender could face a jail term up to five years and fined up to SGD 100,000 for each charge.
The estimated cost directly incurred by Shell at the end of 2020 to manage the consequence of the long-term misappropriation, including the implementation of new safety measures detailed is in the region of SGD 6 million, says the oil major.
Earlier coverage of developments by Manifold Times regarding the Shell MGO bunker heist can be found below:
Related: Shell MGO bunker heist: Second ex-Shell employee pleads guilty to nine charges
Related: Shell MGO bunker heist: First ex-Shell employee to plead guilty over involvement
Related: Shell MGO bunker heist: Director of Sentek released from police custody on SGD 300k bail, e-tagging
Related: Shell MGO bunker heist: Chemical oil tanker “M/T Prime South” forfeited by State Courts of Singapore
Related: Shell MGO bunker heist: Director 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: 24 February, 2021
Company has had to pivot production due to the relatively low prices for diesel oil; it estimates 20,000 mt of LSR-1 bunker fuel to be shipped out this month.
COVID-19 pandemic and slump in oil prices seriously affected profit margin from the group’s oil bunkering and electronics sales businesses in 1H2021.
Illegal bunkering, third-party supplies and failure to pay taxes and levies are all violations of the law and those found culpable will face punishment, says NPA CEO.
Meeting will be held electronically on 8 September 2022 at 10.30 am for creditors to get an update on liquidation administration, according to the Government Gazette.
Growing global interest in methanol, particularly for shipping, to drive significant increase in worldwide methanol demand over the coming decade, says Proman.
BunkerEx, which observes over 2,000 marine fuel prices per day, integrates bunker pricing data in ZeroNorth’s platform, Optimise.
‘MFMs will continue to have a place within the bunkering sector even when the shipping industry continues to adopt new types of marine fuels, such as LNG, biofuel, methanol, ammonia and hydrogen,’ states spokesman.
Current ISO 8217 bunker fuel standard not comprehensive enough for biofuels; National Mirror Committee working with local players to develop more comprehensive biofuels standard for Singapore, says Capt. Rahul.
‘There are some important differences between VLSFO and biofuels, and as a result, parties should consider whether additional changes should be made to biofuel bunker contracts,’ says Paul Collier.
Quek Rong Hong first joined Shell sometime in 2005 and had held the position of Blending Specialist from November 2017. At the time of arrest, his monthly basic salary was about SGD 4,300, showed documents.
Glencore previously commenced Singapore International Arbitration Centre Emergency Applications against Straits Pinnacle but those applications were dismissed, according to documents obtained by Manifold Times.
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.
