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4 charged over accounts
Wed, May 27, 2009
The Straits Times

By Elena Chong

THREE former executives of listed JEL Corporation (Holdings) and its financial controller were hauled to court on Wednesday to face multiple criminal charges arising from an 18-month probe into manipulated accounts.

JEL is a distributor of consumer goods, electronics and telecommunication products and distribution networks spanning many emerging and developing countries.

Its former chief executive officer and executive chairman Eric Tan Boon Yong, 51, ex-deputy CEO Wee Teck Han, 36, and group financial controller Alex Ng Soon Heng, 32, are said to have inflated the company's profit by overstating accounts by $6.4 million for the year 2006.

 

 

 

 

 

 


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