Former Hyflux employee fined SGD 56,000 for accepting bribes to favor business deals.
A 74-year-old former employee of Hyflux subsidiary Hydrochem was fined SGD 56,000 on November 18 for accepting bribes, including a loan over SGD 27,000, from Li Hongda, the managing director of construction firm Zhengda Corp. Li was previously fined SGD 38,000. The bribes aimed to boost business between Zhengda and Hydrochem. If the employee cannot pay the fine, he faces 112 days in jail.
November 18, 2024
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