Singapore charges two people for corrupt marine fuel trading practices

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Singapore authorities charged two individuals for alleged corruption in relation to the trade and supply of marine fuels, the Corrupt Practices Investigation Bureau (CPIB) said.

A general view shows the skyline of the financial business district in Singapore on October 20, 2021.

Afzal Bin Mohamed Ekbar, a bunker trader at KPI Bridge Oil Singapore Pte Ltd at the time, had allegedly obtained at least $191,000 on multiple occasions between 2017 and 2018 from the director of Straits Bunkering Pte Ltd, Shafiq Bin Nezammuddin, as kickbacks for nominating Straits for the supply of bunker fuel to KPI's customers, the CPIB statement said on Tuesday.

In addition, Afzal allegedly gave gratifications totalling about $165,000 to other individuals on multiple occasions as "inducements or rewards for them to place orders with KPI for the supply of bunker fuel," CPIB said. KPI OceanConnect in a statement said it suspended the employee in question in 2018 when it was approached by authorities and that, following the charges, it terminated his employment.

 

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