Jul 29, 2011
Ex-executive chairman of listed company charged
By Elena Chong
Tok Kian You (above), 50, is accused of six counts of corruptly giving a total of $11,649 to Mr Siow Sing Heng, a manager of STS Shenzhen, in return for favours to the company, AEM-Evertech, in 2004. -- ST PHOTO: AZIZ HUSSIN
THE FORMER executive chairman of listed company AEM-Evertech Holdings was brought to court on Friday to face 64 corruption and falsification of accounts charges.
Tok Kian You, 50, is accused of six counts of corruptly giving a total of $11,649 to Mr Siow Sing Heng, a manager of STS Shenzhen, in return for favours to the company, AEM-Evertech, in 2004.
AEM-Evertech, co-founded by Tok and Ang Seng Thor, is in the machinery and equipment industry.
He is alleged, together with Ang, then chief executive officer, to give a $50,000 bribe to Mr Tan Gek Chuan in Malacca in return for awarding the purchase of four inspection machines to AEM-Evertech.
Mr Tan was operations director of Infineon Technologies Malacca at the time of the alleged offence on Jan 24, 2004.
Tok allegedly abetted the company's former chief financial officer Kammy Choo Swee Keng, 54, to change the description of the payee in payment vouchers from 'cash commission' to Halo Tech Co - a Thailand-based company - in a bid to cover up the kickbacks paid.
He allegedly did this 57 times between March and April 2005.
In April 2011, Ang, 47, was sentenced to 12 weeks' jail and a fine of $50,000 by the High Court, which allowed the prosecution's appeal against his $200,000 fines imposed by the lower court.
Separately, Choo's original three months' jail term was cut to a day's jail and a fine of $70,000, after an appeal.
Tok, represented by Mr Edmond Pereira, is out on $150,000 police bail. His case has been adjourned to Oct 20.
