Siblings found guilty of offences committed in China involving about $2.3 million in bribes

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SINGAPORE - Two Singaporean siblings conspired to secure tenders for two companies in China, in exchange for bribes amounting to about 11.3 million yuan ($2.3 million).. Read more at straitstimes.com.

SINGAPORE - Two Singaporean siblings conspired to secure tenders for two companies in China, in exchange for bribes amounting to about 11.3 million yuan .

His sister, Judy Teo Suya Bik, now 68, then used the information to help Shanghai Long-Distance Transportation and Feili International Transport get the tenders. According to court documents, Seagate held a tender for trucking routes in China in 2006 and 2009. On both occasions, Henry Teo was in the committee awarding the tender.

The"commission" sums were paid to Judy Teo as"consultancy fees", under a contract entered between the two companies in China and another company, Twin Palms.

 

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