How Suspects Laundered Billions in Singapore for Years bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The surprise sting operation is prompting a rethink of the recent surge of foreign investors, amid signs dirty money is joining legitimate businesses in the rush to Singapore, with cash winding up at global lenders.
SINGAPORE: Wang Dehai was already on the run when he made Singapore his home five years ago. Police in China were offering a bounty for information about him for his alleged role in an illegal gambling ring.
SINGAPORE A bail review hearing for Su Baolin, an accused in the $2.8 billion money laundering probe, has been postponed to allow the prosecution to check his lawyer's claims that Changi Prison is not able to meet his medical needs. Deputy Public Prosecutor R. Arvindren, who applied to adjourn the session, said lawyers for the Cambodian national submitted arguments.