$10,000 pledge for ST pocket money fund

 
 

fund. It donated $2,000 at IPC's 'We Are Family' event at East Coast Park yesterday.

The donation of the remaining $8,000 will be staggered and will be fully paid out by July next year.

IPC director Raj Kumar presented the cheque to Straits Times associate editor Bertha Henson, head of the paper's Editorial Projects Unit.

The unit was formerly headed by senior executive Peter Khoo Chong Meng, who was dismissed by Singapore Press Holdings (SPH) last Thursday after he admitted to receiving illegal payments and misappropriating shopping vouchers handled by the SPH unit.

He was arrested last Friday on suspicion of criminal breach of trust and is out on bail.

Yesterday's event marked the first donation the fund has received publicly since news broke about Khoo.

Asked to comment on the case, Mr Kumar said: 'We have confidence in ST's credibility and are assured that the fund is secure.'

In a speech, Ms Henson said she hoped the fund's $5 million target for more than 12,000 beneficiaries this year would be met, and expressed appreciation for IPC's support.

SINGAPORE, 19 September 2010
Report: Melissa Pang
Photo: Raj Nandarajan

Life for children from financially strapped families can be difficult.

Well aware of this, a company specialising in educational tours for schools, International Paradise Connexions (IPC), decided to contribute to The Straits Times School Pocket Money Fund.

The 15-year-old company has pledged $10,000 to the

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