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Former BP director jailed in Singapore for corruption - News for the Oil and Gas Sector

Updated: 12/05/2021, 5:29 am © Shutterstock / TK Kurikawa A former BP director has been handed a jail sentence for corruption charges in Singapore Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up A former director of BP’s marine fuels business in Singapore has been sentenced to 54 months in jail and ordered to pay about US$4.7 million for his role in a graft case involving close to US$4 million (S$5.3 million) while working for the supermajor.

Singapore jails former BP director and bunker supplier exec for corruption

Singapore jails former BP director and bunker supplier exec for corruption Reuters 1 day ago © Reuters/Edgar Su Former BP executive Clarence Chang Peng Hong arrives at the State Courts for a hear in Singapore SINGAPORE (Reuters) - A former director at BP Singapore and an executive at a Singapore-based marine fuels supplier were each sentenced on Tuesday to four and a half years in jail for corruption. Chang Peng Hong Clarence, a former regional director for marine fuels with BP Singapore, was found guilty last year of receiving some $3.95 million in bribes from Koh Seng Lee, an executive director at Pacific Prime Trading.

Ex-BP manager and businessman both jailed 4 5 years for graft

0 Engagements A former manager at oil giant BP and a businessman were each sentenced to 4½ years jail yesterday for their roles in a graft case involving close to US$4 million (S$5.3 million). Clarence Chang Peng Hong, 56, had accepted bribes from businessman Koh Seng Lee, 59, on 19 occasions between July 2006 and July 2010 in exchange for advancing the business interests of Koh s company with BP. Koh had also corruptly agreed to pay $500,000 to a pre-school - Mindchamps Pre-school @ City Square - of which Chang s wife was a director. They were found guilty of 20 corruption charges each last year after a trial spanning more than two years.

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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