A former executive of BP Singapore was charged on Thursday (9 March) for obtaining US$3.95 million (S$5.6 million) from a businessman.
Clarence Chang Peng Hong, 51, faces 47 charges. As an inducement for advancing the business interest of Pacific Prime Trading (PPT) with BP, the man is accused of 19 counts of corruptly obtaining bribes amounting to US$3.95 million from Mr Koh Seng Lee,  executive director of PPT between July 2006 and September 2008.
He was also allegedly agreed to accept a bribe of $500,000 from Mr Koh before September 2009 to advance the business interest of PPT with BP.
When he was sitting as the regional marine sales manager, Chang was also allegedly transferred $4.7 million on 16 occasions between January 2007 and March 2010 from an HSBC account in Hong Kong to a POSB account in Singapore and two other HSBC Singapore accounts.
The amounts transferred ranged from $76,568 to $725,500.
Chang also faces 10 charges of converting property worth $3.97 million which, in whole or in part, were direct or indirect benefits of corrupt proceeds, to acquire three houses at Da Silva Lane, Jalan Limau Purut and Ettrick Terrace, and two condominiums in Pasir Ris Grove.
On 16 September 2009, he was also said to convert $111,000 which were the benefits of corruption to acquire share capital in Mindchamps Preschool @ City Square.
Chang is represented by lawyer Alfonso Ang and his case will be next mentioned on 6 April. Currently, he is out on $200,000 bail.
The maximum punishment for corruption is a $100,000 fine and five years’ jail on each charge.
If convicted of offences under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, Chang faces a fine of up to S$500,000, up to seven years’ jail, or both.

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