He wouldn't have won anything if he didn't have angmo genes.
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Former National Swimmer Marc Tay kicks the bucket at 63
- Thread starter Balls2U
- Start date
Supposed to be very fit why so early GG?
Hid his earnings from the medical group before moving on to start his own practice at Mt E.
Eye surgeon Marc Tay Tze-Hsin at the State Courts on Feb 26, 2014. PHOTO: ST FILE
Yuen Sin
Political Correspondent
UPDATED
3 MAY 2016, 3:21 PM SGT
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SINGAPORE - A 55-year-old eye surgeon who hid nearly $450,000 in extra earnings from his employer has been suspended for three months.
Dr Marc Tay Tze-Hsin, a former national swimmer, worked as a consultant for Pacific Healthcare Specialist Services (PHSS) and was also a director. Under an agreement, he was to hand over all generated income to PHSS,which would pay him an annual gross remuneration of $396,000, coupled with certain bonuses.
In 2005, he agreed to become a visiting consultant for The Lasik Surgery Clinic (LSC), with the knowledge of his fellow directors at PHSS.
He entered into an agreement on behalf of PHSS for LSC to pay PHSS the fees for surgery he performed at LSC. But between December 2005 and December 2006, LSC paid Dr Tay fees which were concealed from PHSS. The total amount involved was $445,874.
He made full restitution of $376,214 in February 2009.
At a Singapore Medical Council (SMC) disciplinary tribunal inquiry on Feb 3, he pleaded guilty to three charges of having been convicted of offences for acts involving fraud or dishonesty, the SMC said on Tuesday (May 3). A fourth charge was taken into consideration for sentencing.
In mitigation, Dr Tay's lawyer said that the matter was "essentially a civil case involving a breach of Dr Tay's employment contract with PHSS". It " unfortunately turned into a criminal case" because the earnings were deemed to belong to PHSS as a matter of law.
Get top news of the day, and highlights from PM Lee's National Day Rally speech on Aug 20.
However, the tribunal said that Dr Tay's offences were serious and "could not be characterised as a mere breach of an employment contract". The concealment of the payments received from LSC was made at the expense of PHSS. The total amount involved was also a substantial sum.
While the tribunal gave consideration to the circumstances that had given rise to the criminal offences in the first place, it also said that "any sentence short of a suspension would not adequately reflect the gravity of Dr Tay's offending conduct, which involved dishonesty".
Dr Tay was censured and required to give a written undertaking to the SMC that he would not engage in the same or similar conduct again. He was also ordered to pay the costs of and related to the inquiry.
His three-month suspension, the minimum suspension period handed out by the SMC, took effect on April 25 and will run to July 24.In February 2014, he wasconvicted in the State Courts - then known as the Subordinate Courts - of dishonest misappropriation, and was fined $30,000. He was also fined $2,000 for breaching the Companies Act.
Dr Tay is now with the LSC. Responding to queries from The Straits Times, a spokesman for the Singapore Medical Group (SMG), LSC's parent company, said that the suspension "is the final chapter to a case that has happened more than 10 years ago".
SMG added that the suspension "is in no way a representation of Dr Tay's clinical expertise and competency".
Eye surgeon who hid earnings suspended for three months
Eye surgeon Marc Tay Tze-Hsin at the State Courts on Feb 26, 2014. PHOTO: ST FILE
Yuen Sin
Political Correspondent
UPDATED
3 MAY 2016, 3:21 PM SGT
FacebookTwitter
SINGAPORE - A 55-year-old eye surgeon who hid nearly $450,000 in extra earnings from his employer has been suspended for three months.
Dr Marc Tay Tze-Hsin, a former national swimmer, worked as a consultant for Pacific Healthcare Specialist Services (PHSS) and was also a director. Under an agreement, he was to hand over all generated income to PHSS,which would pay him an annual gross remuneration of $396,000, coupled with certain bonuses.
In 2005, he agreed to become a visiting consultant for The Lasik Surgery Clinic (LSC), with the knowledge of his fellow directors at PHSS.
He entered into an agreement on behalf of PHSS for LSC to pay PHSS the fees for surgery he performed at LSC. But between December 2005 and December 2006, LSC paid Dr Tay fees which were concealed from PHSS. The total amount involved was $445,874.
He made full restitution of $376,214 in February 2009.
At a Singapore Medical Council (SMC) disciplinary tribunal inquiry on Feb 3, he pleaded guilty to three charges of having been convicted of offences for acts involving fraud or dishonesty, the SMC said on Tuesday (May 3). A fourth charge was taken into consideration for sentencing.
In mitigation, Dr Tay's lawyer said that the matter was "essentially a civil case involving a breach of Dr Tay's employment contract with PHSS". It " unfortunately turned into a criminal case" because the earnings were deemed to belong to PHSS as a matter of law.
Get top news of the day, and highlights from PM Lee's National Day Rally speech on Aug 20.
However, the tribunal said that Dr Tay's offences were serious and "could not be characterised as a mere breach of an employment contract". The concealment of the payments received from LSC was made at the expense of PHSS. The total amount involved was also a substantial sum.
While the tribunal gave consideration to the circumstances that had given rise to the criminal offences in the first place, it also said that "any sentence short of a suspension would not adequately reflect the gravity of Dr Tay's offending conduct, which involved dishonesty".
Dr Tay was censured and required to give a written undertaking to the SMC that he would not engage in the same or similar conduct again. He was also ordered to pay the costs of and related to the inquiry.
His three-month suspension, the minimum suspension period handed out by the SMC, took effect on April 25 and will run to July 24.In February 2014, he wasconvicted in the State Courts - then known as the Subordinate Courts - of dishonest misappropriation, and was fined $30,000. He was also fined $2,000 for breaching the Companies Act.
Dr Tay is now with the LSC. Responding to queries from The Straits Times, a spokesman for the Singapore Medical Group (SMG), LSC's parent company, said that the suspension "is the final chapter to a case that has happened more than 10 years ago".
SMG added that the suspension "is in no way a representation of Dr Tay's clinical expertise and competency".
Only one daughter?
I've heard of his name from those who got Lasik surgery.
https://lsceye.sg/dr-marc-tay/
Archived webpage
https://lsceye.sg/dr-marc-tay/
Archived webpage
Grow a trimmed moustache and he'll look like Hitler.
His old employer probably put out a hit on him after he stole their $450000
1 daughter...
Yes, lich family.. From ACS also..
What about lau chiobu Junie Sng?
In those days, kids in ACS came from varied backgrounds.
APS did not come from an elite family. Yet, he managed to achieve world #1 ranking in the 50m free during his Houston collegiate days. Unfortunately for APS, 50m free was not a recognised Olympic event in the mid 80s.
Now it is swimming’s blue ribbon event.
APS did not come from an elite family. Yet, he managed to achieve world #1 ranking in the 50m free during his Houston collegiate days. Unfortunately for APS, 50m free was not a recognised Olympic event in the mid 80s.
Now it is swimming’s blue ribbon event.
lol.... 55 years old liao hide here, hide there and then 8 more years later uplorry liao..... die of wad meh meh sibo???Hid his earnings from the medical group before moving on to start his own practice at Mt E.
Eye surgeon who hid earnings suspended for three months
Eye surgeon Marc Tay Tze-Hsin at the State Courts on Feb 26, 2014. PHOTO: ST FILE
Yuen Sin
Political Correspondent
UPDATED
3 MAY 2016, 3:21 PM SGT
FacebookTwitter
SINGAPORE - A 55-year-old eye surgeon who hid nearly $450,000 in extra earnings from his employer has been suspended for three months.
Dr Marc Tay Tze-Hsin, a former national swimmer, worked as a consultant for Pacific Healthcare Specialist Services (PHSS) and was also a director. Under an agreement, he was to hand over all generated income to PHSS,which would pay him an annual gross remuneration of $396,000, coupled with certain bonuses.
In 2005, he agreed to become a visiting consultant for The Lasik Surgery Clinic (LSC), with the knowledge of his fellow directors at PHSS.
He entered into an agreement on behalf of PHSS for LSC to pay PHSS the fees for surgery he performed at LSC. But between December 2005 and December 2006, LSC paid Dr Tay fees which were concealed from PHSS. The total amount involved was $445,874.
He made full restitution of $376,214 in February 2009.
At a Singapore Medical Council (SMC) disciplinary tribunal inquiry on Feb 3, he pleaded guilty to three charges of having been convicted of offences for acts involving fraud or dishonesty, the SMC said on Tuesday (May 3). A fourth charge was taken into consideration for sentencing.
In mitigation, Dr Tay's lawyer said that the matter was "essentially a civil case involving a breach of Dr Tay's employment contract with PHSS". It " unfortunately turned into a criminal case" because the earnings were deemed to belong to PHSS as a matter of law.
Get top news of the day, and highlights from PM Lee's National Day Rally speech on Aug 20.
However, the tribunal said that Dr Tay's offences were serious and "could not be characterised as a mere breach of an employment contract". The concealment of the payments received from LSC was made at the expense of PHSS. The total amount involved was also a substantial sum.
While the tribunal gave consideration to the circumstances that had given rise to the criminal offences in the first place, it also said that "any sentence short of a suspension would not adequately reflect the gravity of Dr Tay's offending conduct, which involved dishonesty".
Dr Tay was censured and required to give a written undertaking to the SMC that he would not engage in the same or similar conduct again. He was also ordered to pay the costs of and related to the inquiry.
His three-month suspension, the minimum suspension period handed out by the SMC, took effect on April 25 and will run to July 24.In February 2014, he wasconvicted in the State Courts - then known as the Subordinate Courts - of dishonest misappropriation, and was fined $30,000. He was also fined $2,000 for breaching the Companies Act.
Dr Tay is now with the LSC. Responding to queries from The Straits Times, a spokesman for the Singapore Medical Group (SMG), LSC's parent company, said that the suspension "is the final chapter to a case that has happened more than 10 years ago".
SMG added that the suspension "is in no way a representation of Dr Tay's clinical expertise and competency".
another example of isostatic balancing in life
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