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Charlie is managing director of Alfa Pte Ltd. He authorizes a bribe to be paid to a person in Cambodia in order to obtain licenses,
Charlie is managing director of Alfa Pte Ltd. He authorizes a bribe to be paid to a person in Cambodia in order to obtain licenses, without which business would not be possible in that country. Which of the following statements are correct? Mark all that are correct.
- Charlie may be prosecuted in Singapore for corruption if he is a citizen, even though the bribes were paid in Cambodia.
- Alfa Pte Ltd may sue Charlie for breach of his fiduciary duties as a director.
- If Charlie is convicted of corruption under the Prevention of Corruption Act 1960, he must resign from the board of Alfa Pte Ltd.
- Charlie's employment as managing director of Alfa Pte Ltd may be terminated by the company for breach of an implied term of his contract of employment.
- Alfa Pte Ltd would be guilty of an offence under the Prevention of Corruption Act 1960 even though the bribe was paid in Cambodia, because it is a Singapore company.
NOTE: Please answer in the context of SINGAPORE LAW, with regards to Company Law.
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