Monday, 12 September 2011
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Nasdaq
SINGAPORE -(Dow Jones)- Singapore Technologies Engineering Ltd. (S63.SG) said Patrick Lee, the chief financial officer of one of its U.S. units, was arrested by Singapore's Corrupt Practices Investigation Bureau on Sept. 8.
Lee--who is CFO for Vision Technologies Systems, which is the holding company for the group's U.S. aerospace, electronics, land systems and marine interests-- was arrested as part of an investigation believed to involve transactions relating to former and current employees of its ST Marine unit, ST Engineering said in a statement to the Singapore Exchange late Monday. Full story
ST Engineering executive arrested by CPIB
SINGAPORE -(Dow Jones)- Singapore Technologies Engineering Ltd. (S63.SG) said Patrick Lee, the chief financial officer of one of its U.S. units, was arrested by Singapore's Corrupt Practices Investigation Bureau on Sept. 8.
Lee--who is CFO for Vision Technologies Systems, which is the holding company for the group's U.S. aerospace, electronics, land systems and marine interests-- was arrested as part of an investigation believed to involve transactions relating to former and current employees of its ST Marine unit, ST Engineering said in a statement to the Singapore Exchange late Monday. Full story
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