SingPost terminates top executives over whistleblowing scandal, plans to sell Australian freight business.

SingPost's board is working to sell the company's Australian freight business and will review the group's strategy after the divestment. The decision to terminate three top executives, including CEO Vincent Phang, over mishandling of a whistleblowing report has been defended as based on established facts. The company will not publish the internal investigation findings but stated that corrective actions have been taken. Shareholders will vote on the divestment in February.

3 months ago
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