The case came about after the ex-employee started working as the head of engineering for a subsidiary of MoneyHero Limited - MoneySmart's rival.

SINGAPORE: The High Court dismissed interim injunctions granted to financial website MoneySmart that prevented a former employee from working for a rival firm, after concluding that the non-compete clause was unreasonable and unfair.

The non-compete clause was also “against the interests of the public”. It was therefore not valid or enforceable, said Senior Judge Tan Siong Thye in a judgment dated on Tuesday (Apr 2), in which he ruled in favour of the former employee, Mr Artem Musienko.