Certis CISCO Security assistant vice-president among 3 men charged with corruption offences
Three men, including a Certis CISCO Security assistant vice-president, have been charged with corruption and falsification of accounts in Singapore. The charges involve bribery for confidential information and the systematic falsification of invoices across multiple companies.
Why it matters
This case highlights the enforcement of corporate governance and anti-corruption laws in a major global financial hub, emphasizing the legal consequences of white-collar crime.
Luis Phay Nai Yang (left) allegedly received a bribe of between $2,000 and $3,000 from Amos Kng Eng Seng.
Listen SINGAPORE – Three men, including an assistant vice-president of Certis CISCO Security, were on Sept 1 charged with corruption and falsification offences.
Luis Phay Nai Yang, 55, was charged with one count of corruptly receiving gratification.
The Corrupt Practices Investigation Bureau (CPIB) said in a statement that Phay had allegedly received a bribe of between $2,000 and $3,000 from Amos Kng Eng Seng, 53, as a reward for disclosing confidential information belonging to Certis CISCO Security.
Kng was the director and shareholder of Security & Risk Solutions (SRS) at the time of the alleged offences.
Certis CISCO Security is a wholly owned subsidiary of Temasek Holdings.
Kng faces three charges of falsification and one charge of giving a bribe as a reward for the disclosure of confidential information.
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