More banks involved in Singapore’s major money laundering scandal have been unveiled. This time, authorities seized assets at Julius Baer, Credit Suisse and more.
Singapore yet to give details of Chinese Cambodian money-launderers khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
The update in the value of assets involved was revealed in a hearing where one of accused argued for bail to be granted. Read more at straitstimes.com.
SINGAPORE (The Straits Times/Asia News Network): The police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday (Sept 5).
SINGAPORE - The listing of a Singapore resident as director, secretary and shareholder of 185 companies here has sparked concerns, after it emerged that several of the firms were linked to three of the 10 money laundering suspects arrested on Aug 15. Experts say it is not possible for an individual to be involved in so many companies, adding that.