Ng Kwong Seng will be sentenced on June 21.
SINGAPORE – A Singaporean has admitted that he was a member of a transnational unlicensed moneylending syndicate, earning around $500,000 in profit from 2006 to 2019.
“This was done by ‘Xiao Fu’, who would arrange for the runners or debtors in Singapore to conduct harassments of other debtors, which included sending letters, splashing paint on the unit, writing on the wall and locking of gates.” DPP Koh said that Ah Ren was also the “tua towkay” or “big boss” in Hokkien, while another person, known only as “Lak Ya” was a towkay, or “boss”, in the group.
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.
Hiap Seng Industries posts $20.1m net profit for FY24pstrongRevenue for the period was also 34.1% higher year-on-year./strong/p pHiap Seng Industries reported earnings of $20.1m for the fiscal year ending 31 March, a reversal from the $2.56m loss recorded in the previous year./p pThe company also report a revenue growth of 34.1% to $24.9m for the same period.
Read more »
Tan Tock Seng Hospital welcomes new CEO Tang Kong ChoongNew CEO outlines strategic healthcare improvements and innovation at TTSH. Tan Tock Seng Hospital (TTSH) has welcomed its new Chief Executive Officer, Tang Kong Choong, who has succeeded Eugene Fidelis Soh. With the hospital celebrating its 180th anniversary, Tang is poised to implement a transformative agenda under the hospital’s 2030 strategy.
Read more »
Ang Mo Kio coffee shop fire: Stallholders bemoan losses, owner estimates it at $500kAn early morning blaze, which broke out at a coffee shop in Ang Mo Kio on Tuesday (June 11), has ravaged about 10 stalls and the hawkers are worried about the huge sums of losses they may face. The Singapore Civil Defence Force (SCDF) were alerted to the fire at GHK 407 Food House at Block 407 Ang Mo Kio...
Read more »
Taxi ends up on bonnet of car after multi-vehicle collision on PIE; 3 taken to hospitalThe three taken to Tan Tock Seng Hospital included the taxi driver and his passenger.
Read more »
$3b money laundering case: Last man to enter plea 'not truly remorseful', says prosecutionSINGAPORE — The man who was last among the 10 suspects in the $3 billion money laundering case to indicate he wanted to plead guilty was on June 6 convicted of money laundering and forgery. Vanuatu national Su Jianfeng, who pleaded guilty to two charges, has agreed to forfeit $178.9 million of his seized assets to the state. Another 12...
Read more »
Last man to enter plea in $3b money laundering case ‘not truly remorseful’: ProsecutionSu Jianfeng is the ninth person to be convicted in the $3 billion money laundering case.
Read more »