AIROCEAN DIRECTOR CHARGED

: Latest News; Thursday, 27 July 2006

An executive director of a Singapore logistics firm Airocean [AirCargo Asia Pacific issue 156] has appeared in court charged with allegedly bribing a senior officer at Australian budget carrier, Jetstar Asia Airways.

Thomas Tay Nguen Cheong, 51, has been formally charged with an offence under section 6(b) of the Prevention of Corruption Act.

A Singapore court earlier set bail at S$40,000.

Tay is due to appear in court again today.

The board of Airocean – a company he co-founded with partner Johnson Chong - says it will make further announcements regarding the matter “as and when appropriate”.

AIROCEAN DIRECTOR CHARGED

Latest News

Thursday, 27 July 2006

Thomas Tay Nguen Cheong, 51, has been formally charged with an offence under section 6(b) of the Prevention of Corruption Act.

A Singapore court earlier set bail at S$40,000.

Tay is due to appear in court again today.

The board of Airocean – a company he co-founded with partner Johnson Chong - says it will make further announcements regarding the matter “as and when appropriate”.