Maybank Manager Takes Banks Money For Gambling & Repayment Of Debts
The court recently sentenced a former manager from a Maybank branch in Singapore to jail after he had taken roughly S$1.4 million from the bank.
He suffered heavy losses from trading and was borrowing money from various sources to pay off his debts.
The manager also started gambling to try and earn back what he lost. Eventually, he wound up taking money from the banks safe.
3 years & 10 months jail for Maybank manager
According to Channel NewsAsia (CNA), 34-year-old Phua Kai Liang received three years and 10 months worth of jailtime on Wednesday (27 Sep).
This came after he pled guilty to two counts of charges of criminal breach of trust as an employee.
He had reportedly…
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