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Singapore: Three charged with graft in separate bunker trading cases

09 Jun 2022

Two marine fuel traders and an assistant manager of a shipping company on Wednesday (8 June) were charged for corruption offences under the Prevention of Corruption Act at the State Courts of Singapore, according to The Straits Times.  

The traders, aged 45 and 32, who worked at Singapore-based bunker trading and brokerage services provider Integr8 Fuels Asia Pte Ltd (Integr8) were accused of accepting and giving bribes; they respectively faced eight and four charges under the Prevention of Corruption Act.

The 45-year-old female allegedly received a total of about SGD 131,000 (USD 95,000) from personnel at Seven Seas Oil (Hong Kong) and Taimin Petroleum & Chemicals (TPC) to advance respective companies’ business interests between 2016 and 2020. She also allegedly agreed to receive a bribe of about USD 15,000 from the same staff at TPC in 2020. 

The 32-year-old male allegedly offered SGD 1,200 in bribes to the assistant manager of shipping company Pacific International Lines on three occasions between December 2020 and March last year to advance mutual business interests. He purportedly further offered a SGD 400 bribe to the assistant manager in April last year.

Court hearings for the 32-year-old and assistant manager are scheduled to take place on 6 July, while the other trader is expected to be in court on 20 July.

For each charge of corruption, they can be fined up to SGD 100,000, jailed for up to five years, or both.

 

Photo credit: Manifold Times
Published: 9 June, 2022

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