Friday, April 10, 2020

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.

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