Indian national found guilty of bribery in dealings with shipping companies in Singapore

0

A 51-year-old Indian national was found guilty on September 22 of seven corruption and related charges for committing the offenses while working as a general manager of a department of an international shipping company in Singapore.

Ananthakrishnan Nanda had pleaded guilty to the charges, including two under the Corruption, Drug Trafficking and Other Serious Crimes (Forfeiture of Benefits) Act.

In November 2015, he was introduced to Kunal Chadha, Director and Managing Director of Marine Care Singapore, which provides marine chemicals and equipment for cleaning and maintenance of ships, The time of the straits reports the newspaper.

In December 2015, Nanda discussed with Chadha about engaging Marine Care as a supplier for Aoxing, which then planned to launch a tank cleaning and optimization program to increase the cleanliness and efficiency of Sinochem vessels.

Chadha agreed that in exchange for Aoxing and Sinochem’s agreements, Marine Care would pay Nanda Sakura’s company 10% of the money it received from Aoxing and Sinochem.

“This was a reward paid to the defendant for advancing Marine Care’s business interests with Aoxing,” the report cited the prosecution as saying.

Assistant prosecutors Victoria Ting and David Menon said Nanda’s responsibilities as managing director of Aoxing Ship Management Singapore – a division of Sinochem Shipping Singapore which charters and operates vessels – included liaising with other companies for goods and services to be supplied to Sinochem vessels. .

At the time, Nanda also controlled other companies not affiliated with Aoxing and Sinochem, including Sakura Ship Management, Master Supplies and Logistics, and Master Manning Services and Logistics, according to court documents cited by the Singaporean daily.

Nanda, after initially accepting the 10% payment from Sakura, eventually arranged for his other company, Master Supplies and Logistics, to issue invoices for that amount.

Ananthakrishna is next due to appear in court in February 2023 for his mitigation and prosecution submissions on sentencing to be heard, reported The time of the straits.

For each bribery charge, he can be jailed for up to five years, fined up to SGD100,000 ($70,412.63), or both.

He can be imprisoned for up to 10 years and fined up to SGD500,000 ($3,52,063.15) or both for each offense under the Corruption, Drug Trafficking and other serious crimes (forfeiture of benefits).

Share.

About Author

Comments are closed.