Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA
- Hundreds of employees allegedly involved in investigation
- Employees were dismissed last week, media reports say
Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp., has fired up to 40 employees over the misuse of medical benefits, according to a CNA report.
Hundreds of employees were involved in an investigation that began last year into the misuse of insurance claims, which extended to ineligible items such as skincare products, supplements, toothbrushes and bird’s nest — a Chinese delicacy, people familiar with the matter told CNA. The news was first reported by eFinancialCareers, which said the staff were fired last week.