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Singapore Put up fires CEO over dealing with of whistleblower report By Reuters

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(Reuters) -Singapore Put up mentioned on Sunday it had dismissed its chief govt and two different senior managers after an inside investigation discovered they’d mishandled whistleblower allegations about misconduct by firm staff.

The alleged misconduct reported by the whistleblower associated to a number of staff who labored within the firm’s worldwide e-commerce logistics parcels enterprise, the corporate mentioned in a press release, with out giving additional particulars.

It mentioned CEO Vincent Phang, together with the chief of the corporate’s worldwide enterprise unit, Li Yu, and Chief Monetary Officer Vincent Yik had been dismissed after the corporate discovered they’d been “negligent” in dealing with the case and misrepresented it earlier than an audit committee.

The corporate mentioned it deliberate to announce a brand new CEO in the end.

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