S'pore exec steps down in Apple bribe probe

Executive of local manufacturing firm steps down as company further investigates claims in Apple lawsuit that alleges Asian suppliers had given out kickbacks.

The executive chairman of Singapore-based JLJ Holdings has "voluntarily" stepped down from his position to facilitate investigations into claims that a former Apple employee had received kickbacks from Asian suppliers including JLJ.

According to a Thursday report by Reuters, the Singapore mold manufacturing company released a statement saying its executive chairman whom the news agency identified as Chua Kim Guan, will step down to "facilitate the impartial review" of activities related to a U.S. lawsuit filed by Apple.

The suit named Apple's global supply manager, Paul Shin Devine, and several others including Singaporean Andrew Ang, alleging that Devine had accepted bribes from Apple's Asian suppliers--amounting to more than US$1 million--in exchange for confidential company data to aid the suppliers in negotiating better contracts with Apple. Ang is a former JLJ employee and Chua's brother-in-law.

According to its Web site, JLJ makes molds used in the production of consumer electronics and precision tools for clients such as Apple and Hewlett-Packard.

On Monday, Devine pleaded not guilty in U.S. courts.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All