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Ex-SingPost CEO, CFO to fight sacking, say it was without merit and unfair
The Straits Times
|December 24, 2024
The former chief executive and chief financial officer of Singapore Post, who were both fired on Dec 21 over a whistle-blower's report, said the reasons provided for the termination of their employment are without substantive grounds and that the process leading to the move was not conducted fairly.
"It is our position that the termination is without merits and was also procedurally unfair," former CEO Vincent Phang and former CFO Vincent Yik said in a joint statement to the media on Dec 23.
"We vigorously contest the termination of our employment, both on merits and on the grounds of procedural unfairness. We categorically reject any suggestion that we were grossly negligent, had behaved inappropriately or had sought to misrepresent facts at any point."
The employment of Mr Phang, Mr Yik and a third official, Mr Li Yu, who was CEO of an international business unit at the company, was terminated on Dec 21 after investigations stemming from a whistle-blower's report were concluded.
The Infocomm Media Development Authority (IMDA) told The Straits Times on Dec 23 that the e-commerce shipment data falsification case was raised to IMDA and SingPost in February by a whistle-blower, 10 months before SingPost disclosed the fact.
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