Report from the Straits Times.

NEARLY three years after former National Kidney Foundation (NKF) board member Matilda Chua was hauled to court on criminal charges, her case has finally come to a close.

On Friday, Chua, 39, was sentenced to a total fine of $20,000 on two charges of falsifying the books of her call centre company, Global Net Relations (GNR).

In 2007, a district court had fined her $10,000 on one count and cleared her of the other. But the acquittal was overturned by the High Court yesterday on appeal by the prosecution.

Her acquittal on a third charge of share-rigging stands.

Chua, who had paid $10,000 for the earlier conviction, has to pay the other $10,000 by Monday.

Read the rest of the report here.

 


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13 Responses to “Matilda Chua fined $20k”

  1. Dr Frankenstein 16 May 2009

    $20K is peanuts…..I stand corrected $600K is peanuts

    Reply
  2. Retiree 16 May 2009

    #no 1

    Agree; S$ 20 K is peanuts for cooking the books – and it is on prosecution appeal – something is not right ? Is it not ? Any lawyers to comment ?

    Either it is Matilda 2nd lucky charm outing or the imponderable – matters link to NKF which could not be discussed, cf gag on subject during last GE, or witness’ programme, noboby knows, and matter rest as she implied.

    Best wishes to her – perhaps she too can hit the MSN news by getting another basic salary S$ 25,000 per month high profile job in the Gulf.
    some guy and girl have the best fortune and the last laugh. Congrats!

    Reply
  3. its not even a bean sprout 16 May 2009

    what??only 20k?its not even worth a bean sprout seed…

    Reply
  4. TrueBlood Singapore 16 May 2009

    “You Pay Peanuts You Got Monkeys!”

    Singaporean are just Monkeys in Eye of Mrs Goh!

    Reply
  5. David 16 May 2009

    Singapore kangaroo systems is very complicated and confusing. It was self-created from history of selective jugement and verdict passed. Today, you see many punishments were not metted out fairly and sometime questionable and difficult to comprehend. I think the kangaroo himself is confused but with regular intake of addictive antidote, such as high $$$, from the LEEgime everything can be solved and easily forgotten until the next new case crop up for them to refer to the LEEgal book again.

    Reply
  6. very hsien 17 May 2009

    the whole NKF affair is the biggest scandal in Spore history. Durai, Yong, and Matilda got a light slap on the cheeks, and don’t forget:

    mah bow tan’s niece got away with only a warnng letter from MOM.

    Reply
  7. Ahgong 17 May 2009

    hurry. Call 1900-12345678 to support matilda chua.

    Reply
  8. tiredsingaporean 17 May 2009

    This is what can happen when the tops are enjoy making their own money while letting their bottoms doing the same thing. Hey, this is a democratic country and not some kind of your grandfather’s money, they belongs to the taxpayers.

    Reply
  9. Daniel 17 May 2009

    “Matilda Chua fined $20k”

    Wow, that is a lot , a lot more than $100 fine of certain GLC.
    But that peanut compare to Dr Chee of $400,000++ to some undeserved kangaroos.

    Reply
  10. #6) very hsien
    ‘mah bow tan’s niece got away with only a warnng letter from MOM.’
    …………………………………………………

    Good info. I didn’t read about this from the ST. Please enlighten.
    Is her case related to NKF or other MOM matters?

    Reply
  11. They were made examples of. It’s not difficult to find dirt when you put any one person under the microscope. This is Asia, and relationships still count in the business world.

    Scratch each other’s back is so common. Personally, I believe Durai was stupid (on hindsight) to pursue a frivolous law suit that brought his empire down, but I also believe he is a brilliant CEO who brought NKF up from nothing to a position of dominance. He didn’t do much wrong, and the case was more like a medieval witch hunt after his guilty verdict via the trial by media. I.E. He was judged by the people to be evil and the tide of public opinion forced the case to it’s eventual conclusion.

    Reply
  12. Pessimist 18 May 2009

    paperman – are you implying that it is not difficult to find dirt when you put S’pore’s top leaders under the microscope too? Be careful what you say…..!!!!haha!!!

    Reply
  13. gambit 19 May 2009

    20k nia. look at her branded shades. come on. she probably has reserves in foreign banks anyway

    Reply