The former chief executive and chief financial officer of Singapore Post (SingPost), who were both fired on Dec 21 over a...
Singpost's former CEO Vincent Phang and CFO Vincent Yik said they will vigorously contest the termination of their employment.said the reasons provided for their termination are without substantive grounds and that the process leading to the move was not conducted fairly.
They added: “We vigorously contest the termination of our employment, both on merits and on the grounds of procedural unfairness. Mr Phang, Mr Yik and a third official, Mr Li Yu, who was CEO of an international business unit at the company, were terminated from employment with immediate effect on Dec 21 after investigations stemming from a whistleblower’s report were concluded.
Internal investigations revealed that three managers in the business unit had committed serious breaches of the company’s code of conduct by manually updating the delivery status codes for parcels it had agreed to deliver to indicate a delivery failure.The three individuals involved have been terminated from employment and a police report by the company against them has also been made.
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