SINGAPORE: Investigations into the S$3 billion money laundering case and the wider network of people linked to it will continue, with the police flagging to their foreign counterparts financial information of the suspects on the run for possible action.
We refer to media reports about two men, aged 37 and 39, who have been listed in overseas notices for their alleged involvement in an online gambling syndicate.
More than S$530 million (RM1.8 billion) in cash and assets, including 28 properties, have been issued with prohibition of disposal orders or seized from two foreigners who have fled the country.
SINGAPORE The first suspect to plead guilty in Singapore's largest money laundering case was convicted and sentenced to 13 months' jail in a district court on Tuesday (April 2).