ASIA PACIFIC: Charges brought against Sentek Marine founder over Singapore oil theft


Pai Keng Pheng of Sentek Marine & Trading has been charged over his involvement with the large-scale theft of gasoil from Shell’s Pulau Bukom refinery in 2017, reports Reuters.

Pai Keng Pheng is said to have been charged on 1 October with conspiring to dishonestly receive stolen property.

As previously reported, the case dates back to 2017 when Shell submitted a report to Singapore’s Criminal Investigation Department.

Subsequent investigations led to charges against a number of Shell and Sentek employees and other individuals.

Sentek Marine & Trading operated one of the two vessels used to transport the stolen fuel. In the same year that Shell made its allegations, Sentek was been named as Singapore’s biggest bunker supplier by volume.

According to Reuters, about $150 million of oil was stolen over a number of years from the Pulau Bukom refinery

 



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