Ex-manager accused of misusing S$120,000 in company funds
By Leong Wai Kit | Posted: 16 October 2012 1306 hrs
SINGAPORE: A former branch manager has been charged with misusing about S$120,000 belonging to the transportation and logistics company she worked for.
Malar Sinnadurai, 38, allegedly deposited nearly S$80,000 into her personal bank account between October 2009 and October 2010.
She is believed to have used the money to settle personal loans, renovation bills and daily expenses.
She allegedly pocketed the remaining S$40,000 in cheques and cash between October 2010 and August 2011.
A regional director of the company reported the alleged offences on October 30 last year.
The court heard on Tuesday that Malar had returned S$1,000 so far to the company.
Her case will be heard again on October 30.
Bail of S$100,000 has been offered.
If found guilty, she faces up to 22 years' jail and a fine.
- CNA/cc