SingPost fires top executives over false reports to a major client; police report filed.
Singapore Post (SingPost) has fired its CEO Vincent Phang, CFO Vincent Yik, and the CEO of its International Business Unit Li Yu, following an investigation into a whistleblower's report. The investigation found that managers had submitted false information to avoid penalties with a major client. A police report was filed, and the company expects the settlement to not significantly impact its finances. The fired executives will contest their terminations.
3 months ago
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