Man granted discharge over $4.3m gold theft

[Shermie]

Man granted discharge over $4.3m gold theft

Published on Aug 08, 2012
By Elena Chong

A man was granted a discharge not amounting to an acquittal on Wednesday for abetting another person to steal about $4.3 million worth of gold at Brink's Singapore.

Teo Wen Wei, 28, was originally accused of intentionally aiding Jonas Tan Tek Leng, then an employee of the company, to steal 70 pieces of gold at the company premises on June 30, 2012, by transporting the stolen property from Kaki Bukit Road 1 to Bedok South Avenue 2 and then to Changi Airport Terminal 3.

Brink's is one of Singapore's leading integrated providers for cash logistics and cash processing.

Tan is still at large.

Read the full story in Wednesday's edition of The Straits Times.

 

[Shermie]

Man charged with abetting theft of 70 gold bars worth $4.3 million

July 6, 2012 - 1:46am
By: Rennie Whang

TNP PHOTO: Melissa Chue

Last Saturday, 70 gold bars worth about $4.3 million went missing from Brink’s Singapore, a company which provides secure transportation and logistics services.

But within 12 hours of the brazen heist, the police had arrested a man at Changi Airport Terminal 3. The man was believed to have been trying to leave the country.

It appears that Brink’s Singapore had realised that the gold had gone missing and had alerted the police. It is not clear if the gold bars -- each weighing 1kg and worth between $65,000 and $70,000, based on rates on the United Overseas Bank’s website -- were recovered.

Yesterday, Teo Wen Wei, 28, was charged with abetting Jonas Tan Teck Leng in committing theft of 70 gold pieces, valued at about $4.3 million, at 7.30pm last Saturday.