An Indian national was jailed for three-and-a-half years on Monday for encashing cheques worth 4,70,000 Singapore dollars of his employer and absconding to Malaysia in March.
Bahurudeen Kuthpudeen, 44, pleaded guilty to one count each of criminal breach of trust and removing from Singapore the benefits of his criminal conduct, reported The Straits Times Tuesday.
The court heard that his employer, AM Mohamed Farook, who operates the Mohamed Thahir Exchange in Collyer Quay, signed three cheques for a total amount of 4,69,900 Singapore dollars at around 3 pm on March 27.
The cheques were meant to be encashed for the purchase of foreign currencies.
He handed the cheques to an employee known only as Babu, who passed them to Bahurudeen.
The business development manager then encashed the cheques at an RHB Bank branch at the nearby Cecil Street.
Deputy Public Prosecutor (DPP) Melissa Ng said: "Instead of returning to the company, the accused left Singapore via the Woodlands Checkpoint bus hall at 4.46 pm for Malaysia."
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