TDB Chief Jailed

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Yeo Seng Teck, 49, Chief Executive Officer of Trade Development Board was investigated in 1993 for cheating offences dating back to 1988. Investigation revealed that he had used forged document to cheat his principals (in this case, the organisations he was working for) involving the purchase of Chinese antiques worth about $2 million. He was convicted for cheating offences and sentenced to 4 years’ imprisonment.

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