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Business Times - 16 Mar 2011

Paying the price for a 16-day casino binge


By GRACE LEONG

(SINGAPORE) A governance expert who went missing has had to pay a price for his own lack of self control.

South Korean national Lee Pan Seop was last seen at the casino in Marina Bay Sands (MBS) at 3am on Feb 22. He did not show up for work that morning and did not answer his mobile phone. His worried friends then lodged a missing person's report.

The New Paper reported yesterday that Dr Lee never left the premises of MBS during the 16 days that he was missing. The 35-year-old with a PhD in international business from Korea University - who worked for the Centre for Governance, Institutions and Organizations (CGIO) at the National University of Singapore - has finally learnt the cost of his gambling spree.

Dr Lee is 'no longer under the employ of the university', a spokesman said yesterday, declining to comment further on the situation.

According to CGIO's website, Dr Lee's PhD thesis was on business network resources and performance. His thesis showed that a company's knowledge base and capability could be upgraded as a result of network participation. His research interests include inter-company network and performance, entrepreneurship and strategy.

Dr Lee, a former research fellow at CGIO, went to the MBS casino on Feb 22 with a friend. His friend filed a missing person's report on Feb 28 after he failed to turn up for work for several days. An MBS spokesman declined to confirm that Dr Lee was gambling at its casino during that period, saying: 'It has always been our policy not to comment on our guests, without their approval."