Former CEO of Insurance Company and Former Directors of Healthcare Companies Charged

On 8 February 2024, Chiew Collin (“Chiew”) (56-year-old male Singaporean), former Chief Executive Officer of AON Risk Solutions, Singapore (“AON Singapore”) and a former Director of Corporate Solutions of AIA Company Limited in Hong Kong, was charged with corruption and money laundering offences. Chiew was earlier charged on 7 December 2023 with one count of corruptly obtaining gratification.

2.The following three individuals were also charged with allegedly giving gratification to Chiew and falsifying accounts:

a) Chan Pai Sheng, Daniel (Zeng Baisheng, Daniel) (“Chan”) (曾百胜, 50-year-old male Singaporean), former Director of Fullerton Healthcare Group Pte Limited (“FHG”), former Director of Fullerton Health Pte Ltd (“FHPL”) and former President of Fullerton Health China Limited (“FHCL”);

b) Tan Kim Song Michael (Chen Jinsong Michael) (“Tan”) (陈锦松, 50-year-old male Singaporean), former Director of FHG; and

c) Sin David (“Sin”) (辛大伟, 44-year-old male Singaporean), former Chairman of the Board of Fullerton Healthcare Corporation Limited (“FHC”) and former President of FHC.

Corruption Charges

3. From 2015 to 2018, as CEO of AON Singapore, Chiew allegedly obtained gratification of S$348,000 from Chan / FHG, over multiple occasions, as inducements to advance the business interests of FHG with AON Singapore. For this, Chiew faces three additional counts of corruptly obtaining gratification punishable under Section 6(a) of the Prevention of Corruption Act. Chan, Tan and Sin will each face four counts of conspiring to corruptly give gratification to Chiew, punishable under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act.

4. In 2019, as a Director of AIA Company Limited, Chiew allegedly obtained gratification of S$320,000 from Chan, over four occasions, as inducements to advance the business interests of FHG with AIA Company Limited. For this, Chiew faces one count of corruptly obtaining gratification punishable under Section 6(a) of the Prevention of Corruption Act and under Section 124(8)(a)(ii) of the Criminal Procedure Code, whilst Chan and Sin each face one count of conspiring to corruptly give gratification to Chiew, punishable under Section 6(b) read with Section 29(a) of the Prevention of Corruption Act and under Section 124(8)(a)(ii) of the Criminal Procedure Code.

Money Laundering Charge

5. Chiew was also charged with using criminal proceeds to purchase a landed property, punishable under Section 47(6)(a) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (“CDSA”).

Falsification of Account Charges

6. From 2016 to 2019, Chan allegedly falsified entertainment claims to defraud FHC and FHCL into paying him about S$440,666 for entertainment expenses purportedly incurred, when the amount actually incurred was about S$169,719. Chan allegedly used the amounts claimed to pay bribes to Chiew. For this, Chan faces eight counts of falsifying accounts punishable under Section 477A of the Penal Code, while Tan and Sin each face one count and eight counts, respectively, of allegedly conspiring with Chan to falsify accounts, punishable under Section 477A read with Section 109 of the Penal Code.

7. Singapore adopts a strict zero-tolerance approach towards corruption. Any person convicted of a corruption offence can be imprisoned for up to five years and/or fined up to S$100,000. Any person convicted of an offence, which charge is framed under Section 124(4) of the Criminal Procedure Code, can face two times the amount of punishment liable for that offence pursuant to Section 124(8)(a)(ii) of the Criminal Procedure Code. Any person convicted of a money laundering offence under Section 47(6)(a) of the CDSA can be imprisoned for up to ten years and/or fined up to S$500,000. Any person convicted of falsifying accounts under Section 477A of the Penal Code can be imprisoned for up to ten years and/or fined.

Corrupt Practices Investigation Bureau