Phang and Yik, according to SingPost, will "vigorously contest" the termination on merits and on the grounds of procedural unfairness, says SingPost on Dec 22.
SingPost has terminated three of its top executives after they were found following an internal probe to have failed in their handling of whistle-blowing reports involving delivery performed for "one of its largest" customers.
They are group CEO Vincent Phang, group CFO Vincent Yik and Li Yu, CEO of SingPost's international business unit ops. Phang has been asked to resign from SingPost's board as well.
