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BUILDING & ENGINEERING | Staff Reporter, Singapore

OKH Global’s CEO wanted by Indonesian authorities for alleged fraud

An Interpol red notice has been issued against him.

Bon Ween Foong, Executive Chairman and CEO of listed construction firm OKH Global, is wanted by Indonesian authorities for providing a false statement for an official document.

OKH Global said in a statement to the SGX that an Interpol Red Notice has been issued against Bon in December.

The Red Notice has arisen out of a commercial dispute that started in 2012 between Bon and a former business partner in Indonesia, in connection with a company known as PT Alliancz Asia Pacific.

OKH Global said that it is not related to and has no interest in PT Alliancz Asia Pacific and is not involved in the dispute.

“The Company understands that the dispute between Mr Bon and his former business partner involved, among things, police reports being filed and legal proceedings being commenced in Indonesia. Mr Bon has advised the Company that he vehemently denies the charge referred to in the Red Notice. Mr Bon will be represented by lawyers in Indonesia to contest the charge,” said OKH Global’s statement.

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