Over three years’ jail for ex-director at multiple firms in Singapore who misappropriated S$7mil

Lee Boon Teck pleaded guilty in May to one count each of criminal breach of trust and falsification of accounts. - Photo: ST

SINGAPORE: A former director at multiple firms who misappropriated S$7million was sentenced to three years and six months’ jail on Tuesday (June 24).

At the time of the offences in 2014, Lee Boon Teck, 58, was the executive chairman and managing director of investment holding company KLW Holdings (KLWH) – now known as HS Optimus Holdings – and its group of companies.