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Singapore Post Ltd. fired its chief executive officer and several other senior leaders following allegations related to its international e-commerce logistics parcels business.
The Temasek Holdings Pte-backed firm said on Sunday it began investigations after receiving a whistleblowing report alleging several employees manually submitted information with the intent of avoiding contracted penalties with one of Singapore Post’s largest customers. The whistleblowing report was also sent to the government regulator, according to a company statement.
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