 Ex-NKF chairman Richard Yong faces 10 criminal charges
SINGAPORE: The former chairman of the National Kidney Foundation (NKF), Richard Yong, was slapped with ten charges for various alleged criminal offences on Saturday.
He had returned to Singapore late Friday night following his extradition from Hong Kong.
On Saturday, Yong was escorted by plainclothes police officers to the Subordinate Courts.
Yong was handcuffed, wore dark glasses and the same clothes as the night before.
Seven charges were filed under the Bankruptcy Act and three under the Penal Code.
These are related to the outcome of an earlier civil suit filed by the NKF.
In that civil suit, Yong had been ordered to cough up nearly a million dollars in legal costs and damages to the charity.
When he failed to do so, Yong was declared a bankrupt on 16 May.
But according to the fresh charges, Yong sold several properties in Singapore and even transferred money to his wife's bank account.
It's believed these amount to several million dollars.
But Yong did not reveal the proceeds of the sales or any of the money he had to authorities as required of bankrupts under the law.
And because Yong had been declared a bankrupt, he cannot travel out of the country.
But on 17 May, he did so anyway and left Singapore for Malaysia.
He eventually ended up in Hong Kong.
On 4 July he was arrested in Hong Kong and a month later, he was finally brought back to Singapore.
According to his lawyer, Yong was in depression when he left Singapore and had sought treatment in Hong Kong.
His present state of mind is yet to be assessed.
Yong will remain in police remand for at least a week.
This will allow investigators to continue interviewing him and for prosecutors to build a case against him.
Yong will be allowed to see his own lawyer, Jeffrey Beh, once investigations are completed. - CNA/ir | 
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