>> ASIAONE / NEWS / THE STRAITS TIMES / STORY
Fugitive ex-Citiraya boss fled with US$51m
Fri, Aug 15, 2008
The Straits Times

THREE years after Ng Teck Lee fled the country with money he pocketed while running waste recycling company Citiraya, it has now surfaced just how much he amassed and how he did it.

In all, investigators believe he skipped town with US$51 million (S$72 million), made from selling used computer chips which the recycler should have destroyed.

This makes the fraud one of Singapore's biggest ever corporate scandals.

For the full story, visit straitstimes.com

 

 
STORY INDEX
 
  Manpower Ministry hasn't helped employers much
   
 
  Thaksin flees, so only one case to proceed
   
 
  Nalanda Uni to get formal nod
   
 
  Budget air: Extra charges get ridiculous
   
 
  Fugitive ex-Citiraya boss fled with US$51m
   
 
  Raising baby? Money talks
   
 
  Next step for schools
   
 
  Burns from gas fire led to woman's death
   
 
  Catfish from Vietnam safe, assures AVA
   
 
  Karaoke outlets asked to pay royalties
   
   

Search: