Singapore businessman flees with 51 million dollars: report

AFP
15 Aug 2008

SINGAPORE (AFP) — A fugitive Singapore businessman is suspected of absconding with 51 million US dollars and local authorities are attempting to recover part of the money, a newspaper reported Friday.

Ng Teck Lee, who fled Singapore three years ago, amassed his ill-gotten gains in one of the city-state's biggest fraud cases when he was the chief executive of electronics waste recycler Citiraya Industries.

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