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Stupid FT fined $25k for bribe offer

MarrickG

Alfrescian
Loyal
A MAN who offered a bribe to a technical manager of Esplanade Company for having recommended the company to buy stage backdrop equipment was fined $25,000 on Wednesday.

Tan Yen Kit, 40, admitted to corruptly offering 5 per cent of a purchase price of $638,860 equivalent to $31,843 to Mr Peter Bretherton as a reward for having recommended to Esplanade to buy theatre equipment from Desisti Asia on Aug 17, 2006.

A permanent resident, Tan was a system sales engineer with DeSisti for about three years before he left in July 2006. But he continued to be DeSisti's direct sales representative on a project basis.

The court heard that he was grateful to Mr Bretherton for recommending the project and offered him a token of appreciation.

He sent Mr Bretherton a short message service, asking if he was comfortable with the token of 5 per cent he thought of getting him. The technical manager did not respond and referred the matter to the management.

Tan could have been fined up to $100,000 and/or jailed for up to five years for corruption.
 

Char_Azn

Alfrescian (Inf)
Asset
Not bad, the guy didn't even ask for it, this idiot automatically give. Which means everyone else who have dealt with him before probably got under the table money from him before. Should check his history
 

halsey02

Alfrescian (Inf)
Asset
Not bad, the guy didn't even ask for it, this idiot automatically give. Which means everyone else who have dealt with him before probably got under the table money from him before. Should check his history

We automatically gave every month to CPF, shouldn't we be investigated? or allowed to cool off? :biggrin:

He offer a token of appreciation, obviously ang mo go, not hungry, if not..he would have bitten ' the offered bone'...:wink:
 
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