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.