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Ex-M1 staff stole phones to buy luxuries


Ithunk
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yes 2mil is alot of money for many of us can ever dream of.

 

Banks are keeper of money.

 

Big companies make millions by the day or week.

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That's right.

 

There are many companies with turnovers of hundreds of millions or billions per year, and they like to stay low profile.

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This kind of personality, even if you give him a huge sum of cash, he will splurge it all away very fast.

 

Too obsessed with material stuff... porsches? arowanas? home theatre? luxury watches?

 

Pity his young family - actually as an account sales manager he was probably earning enough to give them a comfortable life already... why steal some more?

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not any company.

 

big companies can cushion the 2m.

 

the small and medium comanies will suffer.

 

big companies even worse..... annual report where to put this 2mil?

 

shareholder will let him off? the executives? GM? the department head?

 

so many layers... 1 not happy he will kena.. how to write off?

 

writing off means that company also committing a crime.

 

 

 

 

 

 

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This kind of personality, even if you give him a huge sum of cash, he will splurge it all away very fast.

 

Too obsessed with material stuff... porsches? arowanas? home theatre? luxury watches?

 

Pity his young family - actually as an account sales manager he was probably earning enough to give them a comfortable life already... why steal some more?

 

 

not much actually... maybe max 100k annual only

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big companies even worse..... annual report where to put this 2mil?

 

shareholder will let him off? the executives? GM? the department head?

 

so many layers... 1 not happy he will kena.. how to write off?

 

writing off means that company also committing a crime.

 

what crime?

 

lost means lost already what.

 

honestly, if i own 2mil cash, and i lose 200bucks, i wouldnt make a fuss.

 

 

same percentage if company loses 2mil out of their more than 200million total assets+cash.

 

why the big fuss?

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Turbocharged

what crime?

 

lost means lost already what.

 

honestly, if i own 2mil cash, and i lose 200bucks, i wouldnt make a fuss.

 

 

same percentage if company loses 2mil out of their more than 200million total assets+cash.

 

why the big fuss?

 

 

dei... got independent auditors to check every financial quarters one

 

if not, every directors can suka suka take 2-3m and write it off

 

fair to shareholders?

 

u can lose $200 cos u need not answer to the public... no one to audit u... ok, maybe ur wife or gf will question only [smash]

Edited by Scion
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Its not he got caught wen showing off..got caught coz of internal review.

 

He sees that there is a loop hole in the system, dats y he exploits it. Too bad there was a review in the company..if not he be living the life. [cool]

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Supercharged

this is another stupid MF.

 

he never learn from the SLA saga arh? take dirty money and keep them quietly.... never show off your ill gotten assets

 

i can never understand how ppl who are educated, can't even have this simple logic

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Is this why M1 Corporate promotions are not as a good as 5 years ago ? Corporate account manager were authorized to give away premium phones for free back then, for any company on corporate plan. Recently returned to Singapore and it's now tied to specific company contracts and years of contract etc. and account manager cannot authorize anything, must ask account manager's manager :)

Edited by Acieed
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dei... got independent auditors to check every financial quarters one

 

if not, every directors can suka suka take 2-3m and write it off

 

fair to shareholders?

 

u can lose $200 cos u need not answer to the public... no one to audit u... ok, maybe ur wife or gf will question only [smash]

 

absolutely...... accountability is the word...

 

especially for big companies, they need to account to the world...

 

my father company maybe still can say i stupid waste 2mil... but must find way to account for it in another way.

 

Suka suka write off? no way.... base on what write off? because i got too much money? 2mil is nothing?

 

 

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absolutely...... accountability is the word...

 

especially for big companies, they need to account to the world...

 

my father company maybe still can say i stupid waste 2mil... but must find way to account for it in another way.

 

Suka suka write off? no way.... base on what write off? because i got too much money? 2mil is nothing?

 

in the report, just put 1 word.

 

"stolen"

 

but dont go for civil suit.

 

just tell auditors its stolen. but 2m small amount. so just write off

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in the report, just put 1 word.

 

"stolen"

 

but dont go for civil suit.

 

just tell auditors its stolen. but 2m small amount. so just write off

 

 

which company so good.... i also want to got there take 2mil....

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which company so good.... i also want to got there take 2mil....

 

of course u try and silently claim bck from that bugger la.

 

but no need to make such a big hoohah like waht M1 did

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