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Former BP director jailed, ordered to pay more than S$6 million for taking bribes

Former BP director jailed, ordered to pay more than S$6 million for taking bribes Toggle share menu Advertisement Photo illustration of a man in handcuffs. (Photo: Jeremy Long)  11 May 2021 01:20PM) Share this content Bookmark SINGAPORE: A former director of BP Singapore was jailed for 54 months and ordered to pay a penalty of about S$6.22 million on Tuesday (May 11) for taking bribes. Clarence Chang Peng Hong had suggested that Koh Seng Lee set up Pacific Prime Trading, a petroleum and petroleum products wholesaler, to be a trading counterpart of BP. Advertisement Advertisement This was on the understanding that Chang would advance the business interest of (Pacific Prime Trading) with BP and would therefore be entitled to payments in return , said the Corrupt Practices Investigation Bureau (CPIB) in a press release.

Singapore: Ex-BP Employee Jailed on Graft Charges

Singapore: Ex-BP Employee Jailed on Graft Charges by Ship & Bunker News Team Tuesday May 11, 2021 BP s former eastern reginoal director for marine fuels, Clarence Chang Peng Hong, has been given a jail sentence for corruption by a Singapore court. Pacific Prime Trading (PPT), whose executive director, Koh Seng Lee, was also jailed. The defendants were found guilty of corruption last year following a lengthy trial, according to local news provider the Straits Times. PPT was set up by the two former executives as a vehicle for advancing their interests with the oil major. Chang took nearly $4 million in bribes from Koh over a period of four years up to 2010.  Both defendants have filed appeals against their convictions, the report said.

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