Ex-bank officer gets 18 weeks' jail for misappropriating $15K
Published on Jun 24, 2015 3:05 PM
By Elena Chong
SINGAPORE - A former senior officer of a bank who misappropriated $15,000 while covering the duties of another officer was sentenced to 18 weeks' jail on Wednesday.
Leo Sheng Liang, 34, was working in United Overseas Bank's MacPherson branch between Aug 17 and Sept 6, 2013, when he committed the offence. He has paid back the amount to UOB.
A district court heard that Leo's duties included processing cheques, attending to customer enquiries and other account-related matters.
At the time of the offences, he was also a covering a cash officer for the UOB MacPherson branch, which has since closed. He had to ensure that the cash balance was properly accounted for during the bank's opening and closing.
Together with the branch's customer service officer, he would count and safekeep the cash in the branch.
