Former NKF CEO TT Durai charged with corruption
Time is GMT + 8 hours
Posted: 18 April 2006 1024 hrs
SINGAPORE : Former National Kidney Foundation (NKF) CEO TT Durai has been slapped with two charges of corruption.
He is accused of submitting false invoices to mislead the NKF.
One charge reads that 57-year-old Durai had, between December 2003 and January 2004, deceived the NKF into making a $20,000 payment to a company for providing interior design consultancy service for various dialysis centres in 2003.
The other alleges he deceived the NKF, in September 2003, into paying $5,000 to another company as consultancy for hiring a senior manager for NKF.
In both cases, no such services were rendered.
For each charge, Durai faces a maximum fine of $100,000 or five years in jail, or both. He is out on bail of $50,000.
A former assistant manager of the NKF's purchasing department, 43-year-old Ragini Vijayalingam, faces 11 corruption charges.
She is alleged to have received cash and gifts amounting to more than $10,000, between September 2003 and July 2005, from a medical supplies company for helping it to secure contracts and future business dealings with NKF.
Former NKF Board Member Matilda Chua, 37, faces two charges of falsifying company accounts with intent to defraud.
She is alleged to have falsified the accounts of Global Net Relations (GNR), of which she was a director, in December 2001 and December 2002.
A $300,000 discount given to a company for the purchase of shares from GNR was classified instead as advisory fees and loan repayment to two individuals.
Each offence carries a jail term of up to seven years, or fine, or both Chua is out on bail of $20,000.
The three have had their passports impounded.
Former NKF Board Chairman Richard Yong Kun Da and Treasurer Loo Say San face one charge each under the Companies' Act.
This is for failing to exercise reasonable diligence as directors of NKF.
If found guilty, they face a maximum fine of $5,000 or a jail term of one year. The Commercial Affairs Department says based on evidence, it will not be filing criminal charges against anybody else besides the two.
The cases will be mentioned again on April 25. - CNA /de/ct
Posted: 18 April 2006 1024 hrs
SINGAPORE : Former National Kidney Foundation (NKF) CEO TT Durai has been slapped with two charges of corruption. He is accused of submitting false invoices to mislead the NKF.
One charge reads that 57-year-old Durai had, between December 2003 and January 2004, deceived the NKF into making a $20,000 payment to a company for providing interior design consultancy service for various dialysis centres in 2003.
The other alleges he deceived the NKF, in September 2003, into paying $5,000 to another company as consultancy for hiring a senior manager for NKF.
In both cases, no such services were rendered.
For each charge, Durai faces a maximum fine of $100,000 or five years in jail, or both. He is out on bail of $50,000.
A former assistant manager of the NKF's purchasing department, 43-year-old Ragini Vijayalingam, faces 11 corruption charges.
She is alleged to have received cash and gifts amounting to more than $10,000, between September 2003 and July 2005, from a medical supplies company for helping it to secure contracts and future business dealings with NKF.
Former NKF Board Member Matilda Chua, 37, faces two charges of falsifying company accounts with intent to defraud.
She is alleged to have falsified the accounts of Global Net Relations (GNR), of which she was a director, in December 2001 and December 2002.
A $300,000 discount given to a company for the purchase of shares from GNR was classified instead as advisory fees and loan repayment to two individuals.
Each offence carries a jail term of up to seven years, or fine, or both Chua is out on bail of $20,000.
The three have had their passports impounded.
Former NKF Board Chairman Richard Yong Kun Da and Treasurer Loo Say San face one charge each under the Companies' Act.
This is for failing to exercise reasonable diligence as directors of NKF.
If found guilty, they face a maximum fine of $5,000 or a jail term of one year. The Commercial Affairs Department says based on evidence, it will not be filing criminal charges against anybody else besides the two.
The cases will be mentioned again on April 25. - CNA /de/ct
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