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Singapore Post fires CEO, other senior leaders amid whistleblowing charges | Company Business News

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Singapore Post fires CEO, other senior leaders amid whistleblowing charges | Company Business News

Singapore Post Ltd. (SingPost) has fired its CEO, Vincent Phang, and other senior executives following allegations of misconduct in its e-commerce logistics operations. SingPost initiated investigations after receiving a whistleblower report accusing employees of manipulating data to avoid penalties. Three managers were dismissed, and a police report was filed. The CEO, CFO, and head of the international business unit were terminated for being "grossly negligent" and making misleading statements. SingPost will appoint a new CEO and has assured stakeholders that a settlement with the affected customer will not materially impact financial results. The terminated executives have contested their dismissal.

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