Senior bank executive accused of taking upskirt videos

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Elena Chong
The Straits Times

Friday, Apr 18, 2014

A senior bank executive was charged in court yesterday with intruding on women's privacy by taking videos up their skirts.

Yuen Kum Fai, 44, the global head of personal banking and preferred banking at Standard Chartered Bank, had allegedly used his cellphone camera to film up the skirt of a 27-year-old woman on an escalator at The Sail @ Marina Bay, Marina Boulevard, at about 9.15am on Dec 9 last year.

Yuen faces two other counts of committing similar offences at the same place, between the end of November and early December.

He showed no emotion when the charges were read to him.

District Judge Ronald Gwee issued a gag order against publishing the name of the victim in the first charge.

The identities of the other women are not known.

Yuen's lawyer Amarjit Singh Sidhu asked for the case to be adjourned to make representations to the Attorney-General's Chambers.

He also successfully applied for his client to leave the country as he has to travel to Kuala Lumpur over the next two weekends on work-related matters.

The prosecution had no objections.

Upon his return, he has to surrender his passport to the investigating officer within 24 hours.

Before his current position, Yuen had worked in Citibank for many years. He was business director and head of credit cards and regional head, corporate card and Diners Club strategy.

He also worked in Shanghai as chief executive officer of the Citibank Shanghai Pudong Development Bank joint venture.

Responding to The Straits Times, a spokesman for Standard Chartered Bank said by e-mail: "This is a matter involving Yuen Kum Fai in his personal capacity. As this matter is currently pending before the court, it would be inappropriate for us to comment on it."

Yuen will be back in court on May 20.

If convicted, he could be jailed for up to one year and/or fined on each charge.
Bro. I fail to see how this article is related to value investing and/or SCB specifically. What good does it bring?
(18-04-2014, 10:11 AM)newkeynesian Wrote: Bro. I fail to see how this article is related to value investing and/or SCB specifically. What good does it bring?

Maybe he's just warning people to beware when they go Stan chat to open brokerage Smile
He is warning people the stress in banking job. Smile

Just my Diary

SEX is a Mystery. This is just one example why people can do something like this. This may be cheap thrill or nonsense to you. To him..WOW...????

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

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