Her defence: placing the deposit was never in her job description
An accountant must pay her employer $119,490 after District Judge Tay Jingxi found on 17 July 2026 she never invested the company's $8.5 million.
The employee worked in the finance department of a Singapore company, a wholly-owned subsidiary of a mainboard-listed group, from March 2022 to April 2024. From March 2023 she was assigned to place the company's funds in fixed deposits. Between December 2023 and May 2024 she never placed roughly $8.5 million in a deposit, and the company only found out after she resigned, when a bank called to ask whether it still wished to proceed.
Her central defence was that placing fixed deposits never fell within her contractual duties, which she said were captured exclusively in a job description sent to her before her interview. The court disagreed. It found the job description was only a reference document and never formed part of her employment contract. The duty still bound her, the judge held, because her supervisor had instructed her to take over the work in 2023 and the employee handbook required her to obey lawful and reasonable instructions.
Clause 6.1 of that handbook prohibited employees from "refusing to carry out lawful and reasonable instructions", among other conduct. The court found the employee had conceded those instructions were lawful and reasonable and had in fact taken over and performed the work. By not placing the money, the judge found, she breached...
The UAE AI Office has issued a statement debunking social media claims that a government website is fraudulent and confirming that it is an authentic website belonging to an official government en...