Wong Yew Ban steps down as Oceanus Group CFO and COO
The company found out in an investigation on alleged fraud and irregularities in the company's China operations that he failed to properly supervise and control the company's operations and local management there.
Oceanus Group announced the removal of Wong Yew Ban as chief financial officer and chief operating officer.
Mr Wong, 53, was responsible for the Group's operations, financial management and internal control, according to a Oceanus Group report.
He was appointed to the post on 29 August 2013.