channelnewsasia.com - Ex-PAP branch treasurer jailed for embezzling over S#dollar;78,000
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Singapore News

 
 

Ex-PAP branch treasurer jailed for embezzling over S$78,000
By Zul Othman, TODAY | Posted: 12 November 2008 1019 hrs

 
 
Photos  of

   
 

SINGAPORE: As treasurer for the People’s Action Party (PAP) Aljunied-Kembangan branch since 2004, it was Peter Lee Yoke Leong’s job to sort out the division’s bank accounts.

But the 43-year-old, now unemployed, decided to dip his hand into the branch’s coffers - an act that landed him in jail for eight months on Tuesday.

According to court documents, the branch was closed after the 2006 General Election and merged with the PAP Kampong Ubi branch, to form the PAP Kampong Ubi-Kembangan office.

Lee - one of the authorised signatories of the old branch’s current account with DBS Bank - was then tasked to close the account and transfer the residual funds to the account of the new office.

On Jan 2, 2007, he prepared a cheque for S$50,000 and cashed it at a DBS Bank branch at Raffles Place. But instead of banking the money into the Kampong Ubi-Kembangan account, he pocketed the cash.

Four months later, Lee withdrew another S$28,461.46 from the same account. In all, the former grassroots leader - who used to earn S$18,000 a month in a broking firm until he was retrenched in March 2007 - pocketed S$78,461.46.

Yesterday, he was jailed after pleading guilty to embezzling the cash between February 2 and June 27, 2007.

His crime was uncovered when the executive director of the PAP headquarters, Lau Ping Sum, lodged a police report on Aug 1 when officials noticed a discrepancy in the branch accounts.

Officers from the Commercial Affairs Department (CAD) arrested Mr Lee days later.

Lawyer Mr Noor Mohamed Marican pleaded for the court to be lenient to his client, a first time offender and father of two. Mr Noor also produced testimonials from Kampong Ubi-Kembangan Citizens’ Consultative Committee (CCC) members, who attested to Mr Lee’s contributions to the ward.

District Judge Liew Thiam Leng noted that while Lee has paid back the money he misappropriated, the sum was nonetheless sizeable. Hence, a lengthy custodial sentence was necessary, especially as Lee had been holding a position of trust.

For criminal breach of trust, he could have been jailed for up to three years and/or fined. -
TODAY/ra

 

 



Other singapore News
S'pore hopes to lay foundation for APEC economies to emerge stronger post-crisis
MOH to conduct health survey from March to June next year
More turn to sub-letting HDB flats
MM Lee says Singapore's economy may grow 3% next year
Chinese President Hu to make 3-day visit to Singapore next week
Health Minister expects foreigners to come to Singapore for H1N1 vaccine
Health Minister Khaw praises NKF's Kidney Live Donor Support Programme
Foreign media give APEC organising committee "thumbs up"
APEC guests & staff expected to consume 63 tonnes of food
Retailers near APEC Summit venue report dip in sales of up to 60%
Palliative care can be extended beyond cancer with increased awareness
Four blocks in Bukit Merah View to undergo Selective EnBloc Redevelopment
APEC officials discuss ways to make economic growth more inclusive
Applications for LKY Scholarships open
10,000 join in family day outing organised by Vasantham and PA
Frontier Community Place officially opens
Football: Geylang Utd edge out Bangkok Glass to win Singapore Cup final
Mercy Relief set up temporary classrooms for quake-hit Java
Haematologist suspended for failing to exercise due care
Man assaults ambulance crew in Jurong West
Horse Racing: El Dorado wins Singapore Gold Cup race

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions