By Shaffiq Alkhatib | Posted: 25 February 2011 1434 hrs
Friday with six counts of criminal breach of trust and another two with forgery involving nearly S$720,000 in all.
48-year-old
Teo Puay Ee, who was from Shiptech, had allegedly converted nearly
S$690,000 of the firm's money for her own use between February 2005 and
September, last year.
She is also believed to have forged two cheques worth nearly S$31,000 in December 2009 and April, last year.
The cheques were issued by Teo's then-employer and she allegedly doctored the names of the payees to cheat United Overseas Bank.
The small sized, bespectacled woman was offered a bail of S$500,000 and will be back in court on March 4, 2011.
If convicted of criminal breach of trust, Teo could be jailed up to seven years and fined for each charge.
And if found guilty of forgery with the purpose of cheating, she can be jailed a maximum of 10 years and fined for each charge.
- CNA