Former UOB, OCBC employee issued 15-year prohibition orders following S$2 million cheating conviction

SINGAPORE: The Monetary Authority of Singapore on Wednesday issued 15-year prohibition orders to a former employee of two banks for fraudulent and dishonest conduct.

Han was a senior personal banker at UOB between August 2014 and December 2015. He then worked as a relationship manager at OCBC between March 2016 and January 2017. He forged bank documents to give the impression that the transactions were genuine, and used the funds cheated from the victims for his own benefit. This included transferring some to his brother and former girlfriend, and repaying other victims.

MAS said that Han's convictions gave it reason to believe that he"had not performed and will not perform financial advisory services honestly".

Source: News Formal (newsformal.com)

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