Businessman jailed 16 months for cheating contractor of $140,436

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Businessman jailed 16 months for cheating contractor of $140,436

Published on Aug 21, 2014 11:45 AM
By Elena Chong

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SINGAPORE - A businessman said he was a consultant for the Parkway Novena Hospital construction project and got a contractor to hand over $140,436 as refundable tender deposits.

But Lim Chee Yam, 67, was neither a consultant of the project, nor did he submit the money to the developers.

The owner of consultancy Asia Finders was sentenced to 16 months' jail on Thursday after admitting to cheating Mr Tng Kay Lim, managing director of Kay Lim Construction & Trading.

Lim is already serving time for a previous cheating conviction. He was sentenced to 18 months' jail last November for cheating two others of $68,800 but he began his sentence only in June after losing his appeal.