SINGAPORE: The two co-founders of the Fullerton Health brand were fined on Friday (Jul 10) for submitting and approving false entertainment expense claims.

But Dr Daniel Chan Pai Sheng and Dr Michael Tan Kim Song, both 52, were cleared of bribery in the alleged corruption case that implicated a third former colleague and the then-CEO of Aon Singapore, a health insurance broker.

For their corruption charges, District Judge Chay Yuen Fatt granted the prosecution's application to hand both men a discharge not amounting to an acquittal.

The prosecution also applied to give Dr Chan a discharge amounting to an acquittal for one of his charges of falsifying accounts, which the judge granted. This means the charge is withdrawn and cannot be brought against him again.

Dr Chan, who was Fullerton Healthcare Corporation’s deputy group CEO, was fined S$135,000 (US$104,600) for submitting false or inflated receipts on multiple occasions for entertainment expenses claims.

Including other charges taken into consideration, his offences involve more than S$253,000 of falsified sums, which the judge described as “by no means insubstantial”.

Dr Tan, who was the company’s group CEO, was fined S$25,000 for approving more than S$82,000 worth of Dr Chan’s falsified claims.

In that instance, Dr Chan had actually incurred 200,000 yuan – equivalent to about S$42,512 at the time – of expenses.

The prosecution had asked for a S$140,000 to S$150,000 fine for Dr Chan and a S$30,000 fine for Dr Tan. The...

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