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PHANG's functions included the assessment and payment of bonuses for excellent service.

Several companies were told that their bonuses were in jeopardy unless they made loans to Phang which he did not repay. One of the companies reported his actions to the Corrupt Practices Investigation Bureau.

The "loans" added up to a little over SGD11,000 and, incredibly, all but SGD1,000 has been recovered by the Bureau.

PHANG pleaded guilty to four charges with a further four taken into consideration (that is they are regarded as cleared up in the police records but no conviction is recorded) and fined SGD20,000.

Although PHANG worked for a subsidiary of the state-owned Singapore Post, it was argued that he was operating in the private sector and therefore a jail sentence was not appropriate.

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