David Sin, a former director of the Fullerton Healthcare Corporation, was fined S$160,000 (approximately US$124,000) on August 21 for approving inflated entertainment expense claims that exceeded actual spending. The charges he pleaded guilty to stem from falsified claims amounting to over S$213,000. However, he was acquitted of bribery allegations involving the former CEO of Aon Singapore—an outcome that saw the withdrawal of those charges altogether.
The corruption case, which remains ongoing for others, involves Sin’s former colleagues including Fullerton Healthcare’s group CEO Michael Tan and deputy group CEO Daniel Chan, as well as ex‑CEO of Aon Singapore, Collin Chiew. Chan allegedly orchestrated false entertainment invoices—many for consultancy purportedly provided by Chiew—to facilitate bribe payments. Sin, having approved these claims despite knowing they were inflated, played a facilitating role, though he did not benefit personally.
As one of the first individuals to be dealt with by the courts in this case, Sin was declared bankrupt and permitted to settle his fine in installments. His willingness to testify for the prosecution could prove pivotal as the trials of Chiew, Tan, and Chan proceed in September.