For axing Sporns while the bank is still highly profitable and for refusing to compensating the lao aunties and uncles of their blood and coffin money they conned using minibombs? The Old Fart got it lucky that he managed to get a scapegoat for all his sins!
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>April 11, 2009
</TR><!-- headline one : start --><TR>DBS CEO dies <!--10 min-->
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In January, during Chinese New Year, Mr Stanley started treatment as soon as his leukaemia was diagnosed. -- PHOTO: REUTERS
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<!-- START OF : div id="storytext"-->RICHARD Stanley, the chief executive of Singapore's DBS Group died from leukaemia on Saturday morning after his medical condition deteriorated on Friday, Reuters reported.
'After a brave fight Rich, passed on at about 8.45am this morning. His immediate family was by his side as he slipped away peacefully,' a DBS spokesman told Reuters.
Mr Stanley, 48, was diagnosed with leukaemia in late January. After two rounds of chemotherapy, doctors earlier this week believed that his cancer was in remission, DBS had said.
But his condition suddenly took a turn for the worse as a result of a recent infection, it added.
In January, during Chinese New Year, Mr Stanley started treatment as soon as his leukaemia was diagnosed. Chairman Koh Boon Hwee stepped in to oversee management in his absence, with Mr Stanley expected to be away from between three and six months. DBS had been giving periodic updates of Mr Stanley's condition.