SingPost sackings: IMDA issues advisory to company to uphold proper governance, processes

SINGAPORE: The Infocomm Media Development Authority ( IMDA ) has issued an advisory to Singapore Post to “uphold proper governance and processes” after the company &nbsp, sacked three top executives&nbsp, over their handling of internal investigations into a whistleblowing report.

In response to CNA’s queries, IMDA said on Monday ( Dec 23 ) that it is monitoring the situation closely.

” SingPost’s committee has assured that postal service businesses in Singapore are no affected”, added the controller.

After the company’s final disciplinary hearings into their do, the group’s chief executive officer Vincent Phang, party chief financial officer Vincent Yik, and chief executive of the company’s global enterprise product Li Yu were fired on Saturday. &nbsp, &nbsp,

This comes after a whistleblowing report about the company’s non-regulated international e-commerce logistics parcel business was released earlier this year. Three other managers who were directly involved in this situation but were not identified by SingPost were fired. &nbsp,

According to the report, SingPost’s international business unit allegedly manually entered a number of delivery status codes. The business had entered into a contract with one of its biggest customers to deliver these for international transhipment packages.

These manual entries allegedly were made without any justification or supporting documentation in an effort to avoid contractual repercussions under the agreement. &nbsp,

The e-commerce shipment data falsification case was reported to the authority and SingPost on Monday, according to IMDA, which announced on Monday that it had been handled by the agency and SingPost in February of this year.

Regulated postal services are still unaffected by this issue, according to IMDA, as it relates to the shipment of international e-commerce packages abroad.