Ex-finance manager jailed 4 1/2 years for siphoning $795,000
Published on May 16, 2013
Posed photo of a man in handcuffs. A former finance manager of a hardware product manufacturer who mispaporpriated nearly $800,000 over a four-year period was jailed for 4 1/2 years on Thursday. -- ST FILE PHOTO: WANG HUI FEN
By Elena Chong
A former finance manager of a hardware product manufacturer who mispaporpriated nearly $800,000 over a four-year period was jailed for 4 1/2 years on Thursday.
Lee Lim Kiong, 43, then a finance manager and director of P.S.M. Fastener, faced five charges of criminal breach of trust as a servant and one of failing to provide disclosure of interest in transactions.
He pleaded guilty to two counts of criminal breach of trust of $160,171 between January and December 2011 and $452,474 between January and October last year.
For failing to declare to the company that he was a partner of "A" One Gallery which supplied stationery to PSM, he was fined $2,000.
Get the full story from The Straits Times.
