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If there was not enough drama already... Note: I think it is jumping the gun a bit suggest the $9.6MM went to a "piggy bank". This equates to $200,000 per month which is potentially a reasonable amount to operate the Malaysia office.
1 FaverViewed: 9 TimesQuoted: Investigators have not been able to account for about $9.6 million in Entellium funds that were believed to be transferred to the company’s operations in Malaysia between 2005 and 2008, a federal prosecutor told U.S. Magistrate Judge Mary Alice Theiler during the hearing in U.S. District Court in Seattle.
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Johnston, a 40-year-old citizen of the United Kingdom who earned $1.1 million in salary and bonuses between 2004 and 2008, also was given $100,000 in loans from the company without the board’s knowledge or approval, said Carl Blackstone, the assistant U.S. attorney prosecuting the case. - mike - May 21 20081 FaverViewed: 7 Times
- .David. - Feb 26 20084 FaversViewed: 910 Times
