Bribe Case of Performance Motors Employees – What Was It?

The bribe case that was come in the limelight in 2004-05 was related to the former performance motors employees who were charged with corruption. Singleton Marc Alexander, Patrick Pow Kwok Yun, & Chong Ann Teck are the three suspects, accused of receiving bribes from Teo Kian Hong, a Director of Teo Tian Seng Motor Credit Pte Ltd (TTS) and Kheh Thiam Hoo, Director of Skyway Credit & Leasing Pte Ltd.

Let’s discuss the entire case in details-

Singleton Marc Alexander was the former Managing Director of Performance Motors Ltd who reviews the yearly renewal of authorised dealership granted to local companies in Singapore and had the power to approve or terminate dealerships. According to the investigation carried out by CPIB, Alexander received two Rolex watches from Teo Kian Hong and in return, she hoped that Alexander would continue to appoint TTS as a dealer for distributing BMW cars. Later, Alexander received branded watches worth S$100,000, 3 Nokia handphones, and a sum of S$78,000.

Apart from Alexander, Teo had also bribed Patrick Pow. Pow was the Director of Sales and Marketing at Performance Motors Ltd who had the authority to recommend for renewal or termination of dealer agreements. He obtained branded watches with total worth S$4,165, a Nokia handphone worth S$1,388 and a loan of S$60,000.

Besides Teo, Pow is also accused of obtaining bribes from Kheh Thiam Hoo. Kheh’s company is the sole finance agent appointed by Performance Motors Ltd. Pow had received an S$13,390 Frank Muller watch for his birthday and two loans of $50,000 and $32,000 in return for maintaining a good business relationship and accepting proposals submitted by Skyway.

Chong Ann Teck, the former senior sales manager at Performance Motors Ltd had obtained an S$12,700 plasma TV set from Mr. Kheh to consider favourably the future business proposals of Skyway.

Patrick Pow & Chong Ann Teck was charged with corruptly obtaining gratification from Teo Kian Hong and Kheh Thiam Hoo as an inducement to re-appoint their companies as dealer and finance agent of Performance Motors Ltd respectively.

Original Source: https://rb.gy/7t26ba

The Corruption Scandal of Skyway Credit Director Kheh Thiam Hoo

Mr. Kheh Thiam Hoo, the director of Skyway, is accused of offering a bribe to Mr. Patrick Pow Kwok Yun, Former director of sales and marketing.

The case came into notice in 2005 and became popular as one of the biggest Corruption cases of those times. The whole instance relates to senior executives at the BMW distributor who was caught as taking bribes from car dealers and finance companies.

What Exactly Happened?

Mr. Pow obtained a ,390 Franck Muller watch from Mr. Kheh Thiam Hoo in exchange for 'maintaining a good business relationship' with the finance company

That’s not all; he is also alleged of receiving two loans of ,000 and ,000, from Mr. Kheh, for accepting proposals, submitted by Skyway, on Parf/COE rebate certificate commission payout rates to Performance Motors.

Another man who was bribed by Mr. Kheh during this case was Former senior sales manager Chong Ann Teck, 40. He is alleged of receiving a ,700 Pioneer plasma TV set from Mr. Kheh of Skyway to 'consider favorably' its future business proposals.

Who Is Kheh Thiam Hoo?

Mr. Kheh is the director of a well-known company, Skyway Credit & Leasing Pte Ltd (Performance Motors Ltd’s appointed sole finance agent). The firm, incorporated in 1999 July 21st, works majorly as a credit agent between major banks and consumers for their vehicle financing needs. Apart from providing financing to consumers in Singapore, the company’s main business has now moved on to the Parallel Import of the luxury vehicle, granting consumers more options and more competitive rates.

There was a total of 8 Cases regarding corruption charges, which Pow faced. Out of which three were related to finance company Skyway Credit and Leasing and five were related to car dealer Teo Tian Seng Motor Credit.

Other than Mr. Kheh, Ms. Teo Kian Hong, the director of the car dealer, is also accused of giving two Tag Heuer watches worth ,390 and ,575, a ,200 Hermes watch, a ,388 Nokia 9210i Communicator mobile phone; and a loan of rupees ,000 to Pow Kwok Yun.

As a result, Patrick Pow was fined S0,000 on 18 April 2005 and was also charged as an inducement to re-appoint companies of Mr. Kheh and Ms. Teo Kian Hong as dealers of Performance Motors Ltd.

Bribe Case – Mr. Kheh Bribed Former Employees of Performance Motors Ltd

Mr. Kheh Thiam Hoo, the name came in the spotlight in 2005, during the Performance Motors employees’ bribe case. Let’s discuss the entire case scenario in detail.

Two former employees of Performance Motors Ltd were charged with corruption.

Patrick Pow, the Director of Sales and Marketing at Performance Motors Ltd had received bribes from a car dealer and finance company. Mr. Kheh, a Director of Skyway Credit & Leasing Pte Ltd (sole finance agent appointed by Performance Motors Ltd) had given a Franck Muller watch valued S$13,390 to him. In return for the bribe, he wants Pow to maintain a good business relationship with the finance company.

Also, Pow is accused of obtaining two loans worth S$50,000 and S$32,000 from Mr. Kheh in exchange for accepting proposals, submitted by Skyway to Performance Motors on Parf/COE rebate certificate commission payout rates.

Apart from Mr. Kheh, Mr. Patrick Pow had received bribes from Teo Kian Hong, a Director of Teo Tian Seng Motor Credit Pte Ltd (TTS). Pow had obtained a Hermes watch worth S$1,200, two Tag Heuer watches worth S$1,390 and S$1,575, a Nokia handphone worth S$1,388, and a S$60,000 loan.

Another employee, Mr. Chong Ann Teck who is a former Senior Sales Manager is accused of receiving bribe worth $12,700 in the form of Plasma TV set from Mr. Kheh to ‘consider favorably’ the future business proposals of Skyway.

Patrick Pow was charged with corruptly obtaining gratification from Kheh Thiam Hoo & Teo Kian Hong as an inducement to re-appoint their firms as a finance agent and dealer of Performance Motors Ltd respectively. He was fined S$120,000 and ordered to pay a penalty of S$142,000.

Both the employees, Mr. Patrick Pow & Mr. Chong is out on bail of $100,000 & $30,000 respectively. If convicted, they face imprisonment of a maximum of five years and a $100,000 fine on each charge.

Skyway Credit Director Bribed $160,000 to Former Performance Motors employee

Cases for Corruption are increasing day by day.  The case, which was become very popular among all and disturbed almost everyone, was of Mr. Kheh Thiam Hoo.

What’s the Whole Case?

It was reported back that Mr. Kheh has bribed Former Performance Motors employee Patrick Pow Kwok Yun, 47, also a former director of sales and marketing, over $160,000 in gifts and loans between December 2000 and June 2004.

According to reports, Mr. Kheh has given $13,390 Franck Muller watch to Mr. Pow in exchange for ‘maintaining a good business relationship’ with the finance company.

Other than all, Mr. Kheh has given Pow, two loans of $50,000 and $32,000 for accepting proposals, submitted by Skyway, on Parf/COE rebate certificate commission payout rates to Performance Motors.

Mr. Chong is also alleged of receiving a $12,700 Pioneer plasma TV set to consider future business proposals of Skyway favorably.

Who is Mr. Kheh?

Mr. Kheh is the director of Skyway Credit & Leasing Pte Ltd (Performance Motors Ltd’s appointed sole finance agent). The company, incorporated on 21st July 1999, serves mainly as a credit agent between major banks and consumers for their vehicle financing needs. Other than providing financing in Singapore, its major business has now moved on to the Parallel Import of the luxury vehicle, offering consumers more options and more competitive prices.

Another name that became popular in this is of Ms. Teo Kian Hong, a director of the car dealer. Ms. Teo is accused of bribing Mr. Pow with two Tag Heuer watches worth $1,390 and $1,575, a  $1,200 Hermes watch, a $1,388 Nokia 9210i Communicator mobile phone; and a $60,000 loan.

As a result of the whole case, linking Kheh Thiam Hoo and Teo Kian Hong, Patrick Pow was charged as an inducement to re-appoint their companies as dealers of Performance Motors Ltd. He was also ordered to pay a penalty* of S$142,000 and fined S$120,000 on 18 April 2005.