Performance Motors
Limited (PML) is the exclusive distributor of BMW Cars and Motorcycles in
Singapore. The name of this firm came into highlight when three of its
employees were charged with corruption. They were alleged to have received
bribes from a car dealer; Tian Seng Motor Credit Pte Ltd (TTS) and finance
company viz Skyway Credit and Leasing Pte Ltd. Let’s discuss the entire corruption case in detail.
As per the investigation, the former Managing Director of Performance Motors Ltd,
Singleton Marc Alexander received branded watches worth more than S$100,000
from Teo Kian Hong, a Director of TTS, and in return, she had hoped that
Alexander would continue to appoint TTS as an authorized dealer for BMW cars.
He also obtained 3 Nokia handphones and a loan of S$78,000 from Teo.
The second name
that rises in this corruption case is Patrick Pow, the Director of Sales and
Marketing at Performance Motors Ltd. He faces a total of eight corruption
charges. Pow received a Hermes watch worth $1,200, two Tag Heuer watches worth
$1,390 and $1,575, a $1,388 Nokia Communicator mobile phone; and a loan of
$60,000 from Teo, and in return, he agreed not to recommend the termination of
the TTS dealership. Besides Teo, pow had also obtained bribes from Kheh Thiam Hoo, the Director of Skyway
Credit & Leasing Pte Ltd. Skyway is a finance agent appointed by
Performance Motors. For maintaining a good business relationship with Skyway,
Mr. Kheh had given a bribe to Patrick Pow, a Frank Muller watch worth S$13,390.
Also, Pow is accused of obtaining two loans amounting to $50,000 and $32,000
for accepting proposals submitted by Skyway.
Another employee
involved in this corruption case is Chong Ann Teck, the Former senior sales
manager of PML who is accused of receiving bribes from Ms. Teo & Mr. Kheh.
He had received a $12,700 Pioneer plasma TV set from Mr. Kheh to consider their
future business proposals favourably and from Teo, a $1,800 discount on a
$11,800 Rolex Yacht Master watch.
All of these
employees were charged with corruptly obtaining gratification from the car
dealer and finance company and was fined and ordered to pay penalty.
