Henry Foo Yung Thye Biography Henry Foo Yung Thye Wiki
A former deputy director Henry Foo Yung Thye of the Ground Transportation Authority (LTA) group was accused on Friday, July 24, of corruption involving $ 1.24 million in loans taken out by contractors and subcontractors.
— The Business Times (@BusinessTimes) July 24, 2020
Henry Foo Yung Thye Age
He is 46 years old.
Henry Foo Yung Thye used to gamble and got into debt
Henry Foo Yung Thye, 46, who used to gamble and got into debt, reportedly received a bonus in the form of loans from LTA outsourcers and subcontractors between 2014 and 2019.
Earlier last year, the Singaporean also tried to secure a bonus in the form of a loan for about $ 30,000 from an LTA subcontractor to promote his commercial interests with the agency.
Foo also allegedly deceived his colleagues at the LTA by granting him loans totaling $ 726,500, dishonestly hiding from them that the loans were intended to serve his gambling habits and debts.
In total, he faces 36 charges. Its title was set at $ 250,000.
Six people and a company that provided loans to Foo to promote its business interests were also charged on Friday.
The people involved are: Chinese citizen Cai Jungang, 56, director of Tritech Engineering & Testing (Singapore); Zhang Xihu, 52, MEPT engineering director; Singaporean Pay Teow Heng, 52, director of Tiong Seng Contractors; Pek Lian Guan, 55, director of Tiong Seng Contractors; Korean national, Ro Sungyoung, 48, engineering and construction project manager at Daewoo; and Korean national Kim Young-Gyu, 51, project manager at Daewoo Engineering & Construction.
They received a title, the lowest of $ 25,000 for Kim and the highest of $ 200,000 each for Pek and Pay.
The Singapore branch of the China Railway Tunnel Group (CRTG) was also charged with three counts of gratuity in the form of loans of approximately $ 220,000 to Foo to induce the company to promote the company’s commercial interests. of the LTA.
At the same time, another individual was also indicted on Friday for crimes related to CRTG payments.
Singaporean Chen Xuguang
Singaporean Chen Xuguang, 53, was a director of Tong Sheng Construction & Trading when he allegedly encouraged the forgery of Tong Sheng invoices as a subcontractor to CRTG.
He was offered a $ 10,000 bond.
Anyone found guilty of a crime of corruption can be fined up to $ 100,000 or imprisoned for up to five years, or both.
If the offense is related to a business or contract with the government or a public agency, the maximum term of imprisonment for each offense may be increased to seven years in prison.
Those guilty of fraud or counterfeiting of accounts can be fined and sentenced to up to 10 years.
In a statement, the Corrupt Practices Investigation Department said that Singapore is taking a zero-tolerance approach to corruption and fraud.
He added that he is reviewing all complaints and reports of corruption, including anonymous ones.
The Straits Times contacted the LTA for more information.