Singapore has found BP's former regional marine fuels director Chang Peng Hong Clarence guilty for taking almost $4mn in bribes from a bunker firm.
A Singapore district judge ruled that Chang, BP's former eastern regional director for marine fuels in Singapore, had accepted bribes from Koh Seng Lee, executive director of Pacific Prime Trading, on 19 occasions between July 2006 and July 2010 to advance the firm's business interests with BP.
Chang and Koh were found guilty of 20 corruption charges each yesterday. Both men are out are out on bail and will be back in court on 7 September for sentencing.
The city-state's commodity sector has been the scene of financial conflicts, leading banks in Singapore to overhaul financing standards for the industry.
