What was the Bribe Case of Performance Motors Ltd?

Former Performance Motor employees were charged for taking bribes from a car dealer firm, Teo Tian Seng Motor Credit Pte Ltd (TTS) and finance company, named Skyway Credit and Leasing Pte Ltd. Let’s discuss the entire case in detail.

There were 3 employees involved in the corruption case viz Patrick Pow, Singleton Marc Alexander, and Chong Ann Teck.

Patrick Pow was the Director of Sales and Marketing at Performance Motors Ltd who in his position could recommend for renewal or termination of dealership agreements. He was charged with 8 corruption charges — 5 relating to a car dealer, Teo, and 3 relating to a finance company.

From Ms. Teo Kian Hong, Pow had received a Hermes watch worth S$1,200, two Tag Heuer watches worth S$1,390 and S$1,575, a S$1,388 Nokia 9210i handphone; and a loan of S$60,000. And, in return, Pow agreed not to recommend the termination of the Teo Tian Seng Motor Credit Pte Ltd dealership.

Besides Teo, Pow had also obtained bribes from Mr. Kheh Thiam Hoo, a director of Skyway. In exchange for ‘maintaining a good business relationship’ with the Skyway Credit and Leasing Pte Ltd, Mr. Kheh had given Pow a Franck Muller watch worth S$13,390 and two loans of S$50,000 and S$32,000 for accepting proposals, submitted by Skyway.

A former senior sales manager, Chong Ann Teck is accused of receiving S$1,800 discount on a $11,800 Rolex Yacht Master watch from Ms. Teo and a $12,700 Pioneer plasma TV set from Mr. Kheh.

A former Managing Director, Singleton Marc Alexander had received two Rolex watches, 3 Nokia handphones, and a loan of S$78,000 from Teo. Teo had given these bribes as she wanted Alexander to continue to appoint TTS as an authorized dealer for BMW cars.

All the 3 former employees were charged with corruptly obtaining gratification from the dealer and finance company. 

Originally published at – https://skywaycredit20.soup.io/post/692695925/What-was-the-Bribe-Case-of-Performance

Mr. Kheh Bribed the Director of Sales & Marketing at Performance Motors

The Director of Sales and Marketing at Performance Motors Ltd, Mr. Patrick Pow Kwok Yun, is accused of obtaining a bribe from the director of Skyway, Mr. Kheh Thiam Hoo.

The case grabbed attention in 2005 and become one of the biggest and popular Corruption cases.

About Kheh Thiam Hoo-

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

About the Case-

As per the case details,  Mr. Kheh Thiam Hoo offered a $13,390 Franck Muller watch to Mr. Pow in exchange for ‘maintaining a good business relationship’ with the finance company.

Other than that Mr. Pow is also alleged of receiving 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.

Apart from Mr. Pow, the man who was bribed by Mr. Kheh was Former senior sales manager Chong Ann Teck, 40. He is alleged to have received a $12,700 Pioneer plasma TV set in order to 'consider favorably' its future business proposals.

Mr. Pow was related to a total of 8 Cases regarding corruption charges and out of them three were related to finance company Skyway Credit & Leasing Pte Ltd.

As a result, Pow was charged with corruptly obtaining gratification from Kheh as an inducement to re-appoint the firm as a finance agent and dealer of Performance Motors Ltd respectively.

Both Mr. Pow & Mr. Chong is out on bail of $100,000 & $30,000 respectively.

Skyway Director Kheh Bribed Two Former Performance Motors Employees

The bribe case related to the former performance motors employees who were charged with corruption disturbed and blew many people. In the case, Chong Ann Teck and Patrick Pow Kwok Yun are the two suspects, accused of receiving bribes from Kheh Thiam Hoo, Director of Skyway Credit & Leasing Pte Ltd, and Teo Kian Hong, a Director of Teo Tian Seng Motor Credit Pte Ltd (TTS).

Former director of sales and marketing Patrick Pow Kwok Yun, 47,  is accused of receiving a bribe from Kheh Thiam Hoo. The company of Kheh is the sole finance agent appointed by Performance Motors Ltd. Hence, in return for maintaining a good business relationship and accepting proposals submitted by Skyway Pow had received gifts and loans as a bribe.

Pow is accused of obtaining a $13,390 Franck Muller watch from Mr. Kheh Thiam Hoo, a director of Skyway,  as a deal to maintain a good business relationship’ with the finance company.

Apart from that, he is also alleged of receiving two loans of $50,000 and $32,000, from Mr. Kheh, for accepting proposals, submitted by Skyway.

Other than Mr.Pow, Chong Ann Teck, 40, Former senior sales manager is also accused of receiving bribes from Mr. Kheh. Allegedly, he has received a $12,700 Pioneer plasma TV set from Mr. Kheh of Skyway to ‘consider favorably’ its future business proposals.

A Brief About  Kheh Thiam Hoo

He is the director of a well-known company, Skyway Credit & Leasing Pte Ltd (Performance Motors Ltd’s appointed sole finance agent). The company was incorporated in 1999 July 21st, and works majorly as a credit agent between major banks and consumers for their vehicle financing needs.

Pow faced a total of 8 Cases regarding corruption charges. And, out of which three were related to finance company Skyway Credit and Leasing.

Originally published at - https://bit.ly/35RfsGa

Skyway Director Kheh Bribed Two Former Performance Motors Employees

The bribe case related to the former performance motors employees who were charged with corruption disturbed and blew many people. In the case, Chong Ann Teck and Patrick Pow Kwok Yun are the two suspects, accused of receiving bribes from Kheh Thiam Hoo, Director of Skyway Credit & Leasing Pte Ltd, and Teo Kian Hong, a Director of Teo Tian Seng Motor Credit Pte Ltd (TTS).

Former director of sales and marketing Patrick Pow Kwok Yun, 47,  is accused of receiving a bribe from Kheh Thiam Hoo. The company of Kheh is the sole finance agent appointed by Performance Motors Ltd. Hence, in return for maintaining a good business relationship and accepting proposals submitted by Skyway Pow had received gifts and loans as a bribe.

Pow is accused of obtaining a $13,390 Franck Muller watch from Mr. Kheh Thiam Hoo, a director of Skyway,  as a deal to maintain a good business relationship’ with the finance company.

Apart from that, he is also alleged of receiving two loans of $50,000 and $32,000, from Mr. Kheh, for accepting proposals, submitted by Skyway.

Other than Mr.Pow, Chong Ann Teck, 40, Former senior sales manager is also accused of receiving bribes from Mr. Kheh. Allegedly, he has received a $12,700 Pioneer plasma TV set from Mr. Kheh of Skyway to ‘consider favorably’ its future business proposals.

A Brief About  Kheh Thiam Hoo

He is the director of a well-known company, Skyway Credit & Leasing Pte Ltd (Performance Motors Ltd’s appointed sole finance agent). The company was incorporated in 1999 July 21st, and works majorly as a credit agent between major banks and consumers for their vehicle financing needs.

Pow faced a total of 8 Cases regarding corruption charges. And, out of which three were related to finance company Skyway Credit and Leasing.