SINGAPORE — Six of the 10 individuals involved in one of the largest money laundering probes in Singapore were remanded on Wednesday (Aug 23) for another eight days to assist with further investigations.
in Singapore were remanded 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. District Judge Terence Tay rejected Chen’s request to make a phone call to his wife, agreeing with DPP Soh’s point that Chen’s wife has knowledge about his assets, and any contact with her may cause collusion and contamination of evidence.
DPP Soh that the Commercial Affairs Department has seized five properties amounting to a “significant” sum of S$72 million, as well as two cars under her name. Pointing out that he has a congenital heart disease, Ms Ng requested for him to be remanded at Changi Prison Complex Medical Centre instead.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The newly refurbished Pan Pacific Singapore features F&B and retail spaces celebrating Singapore cultureNew additions to the hotel include Plume, a destination bar serving cocktails inspired by Singapore’s native bird species, as well as Pacific Emporium, a dining and retail destination that highlights local culture and history.
Read more »
Billion-dollar money laundering and the dirty money problem for SingaporeIt’s a cat-and-mouse game to sieve out illicit finance and money laundering. Read more at straitstimes.com.
Read more »
More Singaporeans working overseas wish to return to Singapore: SurveyA staggering 76 per cent of respondents expressed a strong desire to return to Singapore primarily to be closer to their families.
Read more »
Singapore helping Malaysian authorities to extract plane crash data from jet’s black boxExperts from Singapore had successfully extracted the 'memory puck' from the plane's black box. Read more at straitstimes.com.
Read more »
Plane crash probe: Singapore helping Malaysia authorities retrieve data from cockpit voice recorderMalaysia's Transport Minister Anthony Loke Siew Fook said the aircraft's cockpit voice recorder was sent to Singapore for analysis.
Read more »
Commentary: Will COVID-19 lessons prepare Singapore for haze pollution?There is little that Singapore can do to prevent transboundary haze, but it can focus on adaptation, say NTU’s Euston Quah and Nursultan Iuldashov.
Read more »