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Monday, December 6, 2010

Red Cross finds $90k has gone missing

SINGAPORE - The Singapore Red Cross has filed a police report against an employee for allegedly misappropriating about $90,000. The employee, an administrative assistant from the finance department, has been suspended from duty.
http://imcms2.mediacorp.sg/CMSFileserver/showimagecc.aspx?240&380&f=3398&img=3398_113215.jpg&h=240&w=380
oh no you're slipping awaaaaaaay.....

In a statement late last night, the society said the problem was uncovered during internal checks on its accounts on Dec 1 and that the discrepancies started in February. It added that the employee cannot be named as investigations are in progress.

The police report was filed on Friday and the society has also reported the incident to the Commissioner of Charities.

The incident is the latest in a number of cases over the years to have occurred in the charity sector.

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