SLA takes steps to recover losses from S$12.5m fraud case
By Leong Wai Kit
POSTED: 06 Aug 2013 11:11 PM
The Singapore Land Authority has taken steps to recover some of the losses and damage it suffered after two of its ex-staff members cheated it of S$12.5 million.
SINGAPORE: The Singapore Land Authority (SLA) has taken steps to recover some of the losses and damage it suffered after two of its ex-staff members cheated it of S$12.5 million.
The High Court heard on Tuesday that SLA had entered into a consent judgement with the wife of one of the ex-staff members, Koh Seah Wee.
This means SLA can recover half the proceeds from the sale of a property jointly owned by Ms Yeing Nyok Sea and Koh.
The other half of the proceeds would go to Ms Yeing.
SLA's lawyers said the couple's East Coast Avenue property will be sold in the open market at the "best possible price".
In addition, as part of the consent judgement, certain items seized by the Commercial Affairs Department during its investigations will be turned over to SLA.
The items include luxury-brand watches and a bag.
Koh Seah Wee, SLA's former technology and infrastructure department deputy director, was given 22 years' jail in November 2011.
His accomplice Lim Chai Meng, an ex-manager at SLA was given 15 years' jail.
The two rendered bogus invoices through various IT firms for fake maintenance services and goods that were never needed or delivered between November 2007 and March 2010.
- CNA/fa
- wong chee tat :)
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