Fired SingPost CEO, CFO to contest termination

Employment dispute: Buildings under construction in Singapore. The country’s postal service provider says it received a whistle-blower report earlier in 2024 relating to its international eCommerce logistics parcels business. — Bloomberg

SINGAPORE: The former chief executive officer (CEO) and chief financial officer (CFO) of Singapore Post (SingPost), who were both fired on Dec 21 over a whistle-blower’s report, say the reasons provided for their termination are without substantive grounds and that the process leading to the move was not conducted fairly.

“It is our position that the termination is without merits and was also procedurally unfair,” former CEO Vincent Phang and former CFO Vincent Yik said in an official statement sent to the media yesterday.