Bank of Singapore

Bank of Singapore

The Bank of Singapore recently made headlines after uncovering misuse of medical benefits by some of its employees. Claims were made for items such as bird’s nest and skincare products, which are not covered under the bank’s medical insurance scheme. As a result, the bank has taken action by firing those employees involved in the fraudulent activities.

Protecting Company Resources

It is crucial for companies to have strict policies in place to prevent misuse of benefits and resources. The Bank of Singapore’s swift action in addressing this issue demonstrates their commitment to upholding integrity and accountability within the organization. By holding employees accountable for their actions, the bank sends a clear message that such behavior will not be tolerated.