SINGAPORE — Ten people allegedly involved in one of the largest money laundering probes in Singapore were remanded in custody on Wednesday (Aug 23) for another eight days to assist with further investigations.
in Singapore were remanded in custody on Wednesday for another eight days to assist with further investigations.
In total, 105 properties, 50 vehicles and 270 pieces of jewellery, handbags and watches were seized in one of the largest anti-money-laundering operations here. Chen is represented by Mr Mark Tan and Ms Genesa Tan of Focus Law Asia LLC. His previous lawyer, Ms Denise Teo of Yuen Law LLC, had applied to discharge herself.DPP Soh said that the authorities had seized two luxury cars under his spouse's name worth S$600,000 from Su and are still determining the source of funds for these vehicles.
DPP Ng said that assets in properties and cars seized from him and his wife were worth in excess of S$130 million. Next was Su Haijin, a 40-year-old from Cyprus who is facing one count of resisting lawful apprehension.DPP Ng said that Su Haijin had been warded since the day of his arrest, after he sustained an injury while trying to evade arrest.His lawyers, Mr Julian Tay and Mr Anthony Wong of law firm Lee & Lee, said that he had sustained a fractured heel and wrist.
The other cases were dealt with on Wednesday afternoon, with Zhang Ruijin taking the stand. Zhang, a 44-year-old China national, faces one charge of forgery for the purpose of cheating,
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