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UOB rejects claims of improper conduct made by ex-CEO of former client

The Straits Times

|

March 29, 2025

UOB has denied allegations of improper conduct made by the former boss of a former client, which have surfaced online, calling them baseless and defamatory in a March 28 Facebook post.

- Kang Wan Chern

The Monetary Authority of Singapore (MAS) said separately that it is looking into the allegations made by Mr Koh Kien Chon, who is also known as Mr Ken Koh.

He used to be the chief executive of Yang Kee Logistics, a client of UOB. The company has since folded.

The allegations made by Mr Koh, who made a statutory declaration on Feb 25 on the matter, relate to improper conduct by UOB's executives dating back to 2016 pertaining to the sale of a property, as well as a breach of confidential information regarding the sale.

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