Senior executive in Australia allegedly stole $2.38 million

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The trust will be fully compensated for the losses it suffered, its manager said.

Mr Lee, 44, is also accused of diverting insurance payments to bank accounts he controlled and inflating invoices for legal services, with those payments reportedly going into his account as well.

Mr Lee, a South Korean citizen who joined CapitaLand in 2018, was dismissed in 2023 for failing to submit the company’s tax documents, according to AFR.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaSouth Korea

Topics: Managers Australia Capitaland Stapled Executive Senior Payments Stole Ascott According Alleged

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 15:16:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22619081

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #25

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