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Full Version: 29 years' jail for one of masterminds of $128m oil heist from Shell Bukom
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Selina Lum
Senior Law Correspondent
PUBLISHED MAR 31, 2022, 8:20 PM SGT
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SINGAPORE - One of the masterminds of a massive conspiracy to misappropriate gas oil from Shell Eastern Petroleum's Pulau Bukom facility was on Thursday (March 31) sentenced to 29 years' jail, one of the longest prison terms for a commercial crime.

Juandi Pungot, 45, who began embezzling the marine fuel from his former employer in 2007, in February admitted to misappropriating 203,403 tonnes of gas oil worth $128 million.


More details at: https://www.straitstimes.com/singapore/c...years-jail