The founder of a top Singaporean bunkering firm involved in the large-scale theft of marine gas oil from Shell has been handed 43 fresh charges.

Former Sentek Marine managing director Pai Keng Pheng was last week charged in court with offences under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA).

Between August 2014 and January 2018, Sentek had allegedly acquired around 118,131 tonnes of marine gasoil, valued at about $56m, which had been dishonestly misappropriated from Shell Eastern Petroleum’s facility at Pulau Bukom and loaded on board Sentek vessels allegedly with Pai’s consent, according to a...