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Suspects nabbed in money laundering case can be held without bail: Lawyers

Suspects arrested for serious crimes, including forgery for the purpose of cheating, can be held without bail until police complete their investigations, lawyers said. Examples of non-bailable crimes include capital offences such as murder and drug trafficking

$1 8b money laundering bust: Wider network of suspects linked to 10 arrested in Singapore

SINGAPORE - Documents filed in the State Courts showed a wider network of suspects may be linked to the 10 arrested in Singapore in a money laundering case that now involves assets worth more than $1.8 billion. Some of these suspects are connected to organised crime syndicates operating overseas involved in online gambling, scam centres and illegal moneylending. In applying.

Singapore asks banks to probe ties with laundering suspects

Singapore’s central bank has directed financial institutions to review any relationships with individuals tied to a money laundering scandal involving over S$1.8 billion (US$1.3 billion) of assets.

Singapore Asks Banks to Probe Dealings With Laundering Suspects

Singapore Asks Banks to Probe Dealings With Laundering Suspects
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