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Sep 9, 2009
Woman faces $878,000 CBT <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Elena Chong, Courts Correspondent
</td></tr></tbody></table>A FORMER employee of a law firm was charged in court on Wednesday with siphoning $878,200 from the firm over a five-month period. Sally Ang, 28, was a finance and human resource manager of Sadique Marican & ZM Amin when she allegedly misappropriated between $3,000 and $40,000 by transferring the amounts into her United Overseas Bank account in 2007. She is also accused of three other charges of transferring the firm's money between June and October 2007.
On June 6, she allegedly transferred $100,000 by depositing the sum into the bank account of Suncrest Holdings. Two months later, she is said to have used $23,000 to buy a Housing Board flat in Woodlands. Then on Oct 4, she allegedly transferred $90,000 to the HDB as partial repayment of a housing loan. One of the firm's partners, Zulkifli Amin, 34, allegedly skipped town in November 2007 with about $6 million.
Ang's lawyer, Mr Raji Ramason, will be arguing for a lower bail for his client. The prosecution is asking for $800,000 bail. If convicted, she faces a jail term of up to seven years and a fine on each charge of criminal breach of trust as a servant. For the other three offences, the maximum penalty is a $500,000 fine and/or a jail term of up to seven years each. A pre-trial conference has been set on Oct 8.
Sep 9, 2009
Woman faces $878,000 CBT <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Elena Chong, Courts Correspondent
</td></tr></tbody></table>A FORMER employee of a law firm was charged in court on Wednesday with siphoning $878,200 from the firm over a five-month period. Sally Ang, 28, was a finance and human resource manager of Sadique Marican & ZM Amin when she allegedly misappropriated between $3,000 and $40,000 by transferring the amounts into her United Overseas Bank account in 2007. She is also accused of three other charges of transferring the firm's money between June and October 2007.
On June 6, she allegedly transferred $100,000 by depositing the sum into the bank account of Suncrest Holdings. Two months later, she is said to have used $23,000 to buy a Housing Board flat in Woodlands. Then on Oct 4, she allegedly transferred $90,000 to the HDB as partial repayment of a housing loan. One of the firm's partners, Zulkifli Amin, 34, allegedly skipped town in November 2007 with about $6 million.
Ang's lawyer, Mr Raji Ramason, will be arguing for a lower bail for his client. The prosecution is asking for $800,000 bail. If convicted, she faces a jail term of up to seven years and a fine on each charge of criminal breach of trust as a servant. For the other three offences, the maximum penalty is a $500,000 fine and/or a jail term of up to seven years each. A pre-trial conference has been set on Oct 8.
