Ex-MP Chng Hee Kok charged with infringing Companies Act
By May Wong, Channel NewsAsia | Posted: 20 April 2007 1433
hrs
SINGAPORE: Former Member of Parliament Chng Hee Kok was charged in
court with failing to disclose his interest in a company.
He is the current Chief Executive of NTUC Club.
Also charged with the same offence was NTUC Club's General Manager,
Shirley Lee.
The case will be heard again next month.
Chng was MP for about 16 years till 2001.
Chng and Lee face three charges each.
The two are directors of four NTUC Club-linked companies like NCI
Leisure and Resorts Concept.
The charges read Chng and Lee had acquired a stake in one of the
four companies but failed to inform the other three companies about
it.
That is a violation of the Companies Act.
Lee Teck Leng, the lawyer for Chng and Lee, said: "As far as my
client, Mr Chng, is concerned, he said that now that the matter is
in the hands of the court, he'll leave it to his lawyers to manage
the case for him and as his lawyer, I'll be writing to the
Attorney-General's Chambers to try and achieve a speedy resolution
to this case.
Each charge carries a fine of up to $5,000 or a maximum jail term
of one year.
Both Chng and Lee are still Directors of the four NTUC Club-linked
companies. They are also still carrying out their duties at the
NTUC Club. - CNA/ir
