Former CEO of Evertech Charged With Corruption

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Ex-CEO on corruption charge
The former chief executive officer and managing director of listed AEM-Evertech was charged with corruption and making a false declarations on Wednesday. Businessman Ang Seng Thor, 46, was the managing director of Ever Technologies in 2000 when he is said to have helped Mr Siow Sing Heng get permanent residence status in Singapore by allegedly making false declarations that Mr Siow was employed by the company when it was not true. He is accused of giving bribes totalling $157,508 to Seagate Technology International assistant engineer Ho Sze Khee between October 2004 and March 2005 to advance the business interests of AEM-Evertech with Seagate.