Four Charged with Corruption to Advance Vehicle Suppliers’ Business Interests

PRESS RELEASE BY CPIB

Four Charged with Corruption to Advance Vehicle Suppliers’ Business Interests 
 

           On 25 November 2020, four individuals were charged in court for allegedly committing the following offences:

a) Jeremy Yu Jin Han (Yu Jinhan) (俞金漢, a 41-year-old male Singaporean), a Purchasing Manager of Lion City Rentals Pte Ltd (“LCR”) at the material time

i. Corruptly obtaining gratification amounting to S$388,266 from Darren Zeng Shao Rong (“Zeng”), Isaac Lai Zhi Yao (“Lai”) and Ong Jiajie (Wang Jiajie) (“Ong”) as a reward for advancing the business interests of Aiden Solutions LLP (“Aiden Solutions”) and D&M Capital Pte Ltd (“D&M”) with LCR between March and June 2016. These amounted to 7 charges for offences punishable under section 6(a) of the Prevention of Corruption Act, Chapter 241.

b) Ong Jiajie (Wang Jiajie) (王佳杰, a 32 year-old male Singaporean)

i. Engaging in a conspiracy with Zeng and Lai to corruptly give Yu gratification amounting to S$388,266 as a reward for advancing the business interests of Aiden Solutions and D&M with LCR. These amounted to 7 charges for offences punishable under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act, Chapter 241.

c) Darren Zeng Shao Rong (曾绍榮, a 40-year-old male Singaporean)

i. Engaging in a conspiracy with Ong and Lai to corruptly give Yu gratification amounting to S$388,266 as a reward for advancing the business interests of Aiden Solutions and D&M with LCR. These amounted to 7 charges for offences punishable under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act, Chapter 241.

d) Isaac Lai Zhi Yao (赖志耀, a 40-year-old male Singaporean)

i. Engaging in a conspiracy with Ong and Zeng to corruptly give Yu gratification amounting to S$388,266 as a reward for advancing the business interests of Aiden Solutions and D&M with LCR. These amounted to 7 charges for offences punishable under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act, Chapter 241.

2         Singapore adopts a strict zero-tolerance approach towards corruption. Any person who is convicted of a corruption offence can be fined up to $100,000 or sentenced to imprisonment of up to 5 years or to both.

3         Companies are strongly advised to put in place robust procedures in areas such as procurement and internal audit to prevent falling victim to corrupt acts by their employees. Guidance for companies on measures to prevent corruption can be found in PACT: A Practical Anti-Corruption Guide for Businesses in Singapore, which is available on CPIB’s website. Companies are also strongly encouraged to obtain certification under the Singapore Standard (SS) ISO 37001, which is designed to help companies implement or enhance an anti-bribery management system to reduce corporate risk and costs related to bribery.

Reference Links:

• PACT: https://www.cpib.gov.sg/pact

• SS ISO 37001: https://www.cpib.gov.sg/about-corruption/prevention-education/resources/ss-iso-37001

 

Corrupt Practices Investigation Bureau

Last updated: 25 Nov 2020