SINGAPORE - The Bank of Singapore (BOS) has uncovered cases of misuse of medical benefits by its staff, and up to 40 employees left the bank last week. Hundreds were involved in the internal investigation by the bank, and some were believed to have been sacked. The investigation was first reported by finance industry career portal efinancialcareers.com on Wednesday (April 24). In response to queries from The Straits Times, a BOS spokesperson declined to provide details, citing confidentiality. But the spokesman added: «Where wrongdoing is alleged, the matter will be investigated and reviewed according to the bank's investigative and disciplinary framework.» CNA reported that BOS, the private banking arm of OCBC, launched an investigation in 2023 into employee medical claims involving one of its company panel clinics. ST understands the clinic in question is Thompson & Thomson (RadLink Medicare), which is located in CIMB Plaza. It is one of the panel clinics under Fullerton Health. BOS' medical insurance scheme allows employees to claim up to $10,500 for medical and dental expenses. Read more