SINGAPORE: Four of the accused in a S$1 billion (US$736 million) money laundering probe were remanded for another eight days on Wednesday (Aug 23), after prosecutors warned
were remanded for another eight days on Wednesday , after prosecutors warned that there might be “collusion” and possible “contamination” of evidence if the accused were released.
Lin was represented by lawyers Mr Loo Choon Chiaw and Mr Chia Foon Yeow from Loo & Partners after her sister approached them. Su Baolin was defended by Mr Sunil Sudheesan, Ms Diana Ngiam and Ms Joyce Khoo from Quahe Woo & Palmer. He said the police were also waiting for bank documents from at least six financial institutions as part of their"filing tracing exercise", with a significant bulk of investigations still pending.
Chen asked if he could make a phone call to his family members, but the prosecution objected, saying he has links with others who may be involved in a money-laundering syndicate and there might be possible collusion and contamination of evidence if he is granted a call.
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.
Fintech firm Titan to pay over $1 million to settle US SEC chargesNEW YORK : Fintech investment adviser Titan Global Capital Management USA LLC agreed to pay over $1 million to settle charges from the U.S. Securities and Exchange Commission that it misled investors about performance metrics and custody of clients' crypto assets. Titan, a New York-based registered invest
Read more »
ERP rates at 3 locations to go up by $1 from Aug 28The revised rates come following LTA’s recent review of traffic conditions in July 2023 Read more at straitstimes.com.
Read more »
China EV maker Zeekr to start investor tour ahead of US$1 billion US IPO: SourcesHONG KONG: Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a US$1 billion US initial public offering (IPO), said people with direct knowledge of the matter. It is hoping the share sale will yield a valuation of over US$13
Read more »
ERP rate to rise to S$6 at KPE expressway gantry after latest pricing reviewSINGAPORE — Electronic Road Pricing (ERP) rates will go up by S$1 at three expressway locations from Aug 28 to manage traffic congestion during the morning commute.
Read more »
Billion-dollar money laundering case: Man who jumped off balcony hospitalised with multiple fracturesSINGAPORE: A man who jumped off a second-floor balcony and hid in a drain during a police raid as part of a S$1 billion (US$736 million) money laundering probe suffered mul
Read more »
No bail for final 4 men in S$1 billion money laundering case; court rejects some requests by the defenceZhang Ruijin, Su Jianfeng, Vang Shuiming and Wang Baosen will be remanded for another eight days.
Read more »