
Nation
UOB Strikes Back Against Ex-CEO's Defamatory Claims - What You Need to Know!
2025-03-28
Author: Jia
Summary of Allegations
UOB dismisses allegations of misconduct made by former Yang Kee Logistics CEO, Mr. Koh Kien Chon.
Details of the Case
Mr. Koh accuses UOB of improper conduct related to a property sale and breaches of confidential information.
UOB's Response
UOB has issued a warning letter to Mr. Koh and threatened legal action.
Regulatory Investigation
The Monetary Authority of Singapore is actively investigating the claims.
Public Reactions and Future Implications
The case raises questions about accountability of financial institutions in corporate failures.