{"id":90617,"date":"2025-10-20T19:20:08","date_gmt":"2025-10-20T19:20:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/90617\/"},"modified":"2025-10-20T19:20:08","modified_gmt":"2025-10-20T19:20:08","slug":"apology-sought-after-banking-role-confirmed","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/90617\/","title":{"rendered":"Apology sought after banking role confirmed"},"content":{"rendered":"<p>Benedict Ong is calling on a fellow city councillor who questioned his credentials to apologise as evidence of his international banking career emerges.<\/p>\n<p>The newly-elected Dunedin city councillor said on the campaign trail that he previously held vice-president and associate director roles at numerous global banks based in Singapore.<\/p>\n<p>He said he would use his &#8220;financial expertise and global capital network for real economic growth for Dunedin&#8221; and no rates rises.<\/p>\n<p>But since the election, Cr Lee Vandervis has been openly sceptical, stating it was &#8220;not possible&#8221; Mr Ong had held such roles.<\/p>\n<p>Mr Ong said he had held roles at Rabobank International, Royal Bank of Canada, Bank Sarasin-Rabo Asia and United Overseas Bank, in Singapore.<\/p>\n<p>A Rabobank spokesperson yesterday confirmed to the\u00a0Otago Daily Times\u00a0it had previously employed Mr Ong.<\/p>\n<p>&#8220;Our records show that Benedict Ong was employed by Rabobank Singapore in the mergers and acquisitions team from 2007 to 2010.&#8221;<\/p>\n<p>Mr Ong said Cr Vandervis had made &#8220;slanderous and false statements&#8221; against him.<\/p>\n<p>&#8220;An apology would be the principled thing to do,&#8221; he said yesterday.<\/p>\n<p>&#8220;I understand Cr Lee may have a history of being unsuccessfully litigious, and I also believe I have a better understanding than Cr Lee of when one is in the right side of legal recourse [sic].&#8221;<\/p>\n<p>Cr Vandervis last week told The Platform he &#8220;did some investigation&#8221; into Mr Ong\u2019s credentials, but could not find any independent sources on Google or through AI-powered search engine Perplexity.<\/p>\n<p>&#8220;So it\u2019s not possible that he\u2019s held these positions that he claims.<\/p>\n<p>&#8220;It\u2019s not possible that he\u2019s had the work experience that he claims, and yet, somehow, he seems to have got himself elected.&#8221;<\/p>\n<p>Cr Vandervis yesterday said he had &#8220;no regrets&#8221; about saying publicly the claims made by Mr Ong &#8220;were not possibly true&#8221;.<\/p>\n<p>He asked to see the\u00a0ODT\u2019s source, as Mr Ong\u2019s &#8220;supposedly high-profile vice-president position&#8221; had had no profile at all in the &#8220;extensive searches&#8221; he had carried out with both Google and Perplexity AI.<\/p>\n<p>Cr Vandervis did not respond after being forwarded the statement from Rabobank.<\/p>\n<p>He looked forward to Mr Ong\u2019s &#8220;secret formula&#8221; to address debt becoming not secret, Cr Vandervis said.<\/p>\n<p>&#8220;And if his formula can sort out Dunedin\u2019s [DCC and DCC Companies] budgeted $2 billion debt, I will most sincerely apologise to Mr Ong for doubting his claim.&#8221;<\/p>\n<p>Mr Ong\u2019s online presence is largely limited to social media posts.<\/p>\n<p>The\u00a0ODT\u00a0has sent requests for confirmation to all of Mr Ong\u2019s listed places of former employment.<\/p>\n<p>Mr Ong previously posted to social media a signed statutory declaration detailing his banking career, as well as a document with a letterhead for the Royal Bank of Canada, which appeared to show he had held an associate director role for the bank.<\/p>\n<p>&#8220;There will be the few that won\u2019t be pleased no matter what was already presented,&#8221; Mr Ong said on Saturday.<\/p>\n<p>&#8220;I am focused on preparing to serve and to serve.&#8221;<\/p>\n<p><a href=\"https:\/\/www.odt.co.nz\/news\/dunedin\/mailto:tim.scott@odt.co.nz\" rel=\"nofollow noopener\" target=\"_blank\">tim.scott@odt.co.nz<\/a><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Benedict Ong is calling on a fellow city councillor who questioned his credentials to apologise as evidence of&hellip;\n","protected":false},"author":2,"featured_media":90618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":{"0":"post-90617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/90617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=90617"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/90617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/90618"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=90617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=90617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=90617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}