Thursday, August 28, 2008

An update on our case study on HOTA taken from ChannelNewsAsia :

Retail magnate convicted in kidney-for-sale case ceases control of CK Tang
By Desmond Wong, Channel NewsAsia | Posted: 27 August 2008 2055 hrs

SINGAPORE: Tang Wee Sung, former executive chairman of CK Tang, has been convicted of two offences under the Human Organ Transplant Act (HOTA) and Oaths & Declaration Act.

As a result, he has ceased to be the executive chairman and director for the company and any other Tangs-affiliated firms.

CK Tang has stated that this will not affect the daily running of the retailer, as its operations are currently undertaken by CEO, Foo Tiang Sooi.

Mr Ernest Seow has been appointed as non-executive chairman with immediate effect.

Tang, who was charged in July, pleaded guilty to two of three charges on Wednesday.

The first charge is for agreeing to buy a kidney and the other, for lying to the Commissioner of Oaths. The third charge - of lying to the Mount Elizabeth Hospital's Transplant Ethics Committee - will be taken into consideration during sentencing next week.

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