PHASE TWO
The organization then examined company’s do during the whistleblowing report investigation.
They did not directly participate in the claims made in the reporting reports.
SingPost even considered the potential 2023 regeneration of the damaged customer agreement.
The main concern was raised by control anticipation for good governance and management behavior. The similar external law company was also engaged to evaluate management’s do in the subject”, said the company.
In the course of these studies it was found that although Mr Phang, Mr Yik and Mr Li were provided with the information and sees of, as well as problems raised by GIA, they made” major misrepresentations” about the claims.
This was despite” distinct information” substantiating the claims.
These false claims include that the regular data entries contained no” no evidence of data manipulation or wrong.”
Additionally, they asserted that the regular information entries were not intended to avoid such penalties because there was no evidence of fabrication to avoid paying penalties.
According to SingPost, the top executives claimed that the manual data entry process “would not bring any liabilities” and that the customer had requested it.
It was claimed that the consumer was “fully conscious” of the presumptions behind manual data entry and that this behavior was in line with business practice.
” These untruths, made over three times from Mar 11 to Apr 3 contradicted the results in GIA’s studies and were without any independent facts or substantiation”, said the company, adding that all three were expected to guard the interests of the company at all times.
But, instead of addressing the results, they relied on the misstatements made by staff from IBU Ops, who were curiosity functions.
According to SingPost,” The falsehoods made by Mr. Phang, Mr. Yik, and Mr. Li successfully undermined GIA, an important and independent body charged with investigating whistleblower occurrences,”
The assessment committee’s misstatements by Mr. Phang, Mr. Yik, and Mr. Li over GIA’s results are” the board’s observations that if the audit committee had relied on and accepted them, the process of the false manual’s ‘ data submissions, which were intended to avoid legal penalties, would have likely continued.”
SingPost started disciplinary proceedings against all three after the table conducted investigations and more deliberations, as well as consulting physical legal guidance.