SINGAPORE: Another of 10 suspects involved in a S$ 3 billion ( US$ 2.2 billion ) money laundering case pleaded guilty in court on Monday ( Apr 29 ).  ,
Su Baolin, a 42- year- ancient Thai, pleaded guilty to three out of 13 costs.  ,
One charge is brought against Wang Junjie for conspiring to slander the Inland Revenue of Singapore ( IRAS ) regarding Xinbao Investment Holdings ‘ revenue, gross profits, and trade receivables ‘ true and accurate values for the company’s 2021 financial year.  , Su was listed as the chairman of the business.  ,
Another cost is for possessing S$ 777, 220.50 in money, suspected to be advantages of legal do, at 34A Nassim Road.  ,
Additionally, he admitted guilt on the demand that he had a vehicle, which he claimed he owned because he believed he had benefitted from criminal behavior, and that he owned a white Toyota Alphard Hybrid 2.5SR C-Pack CVT car.  ,
The remaining allegations may be taken into account when determining his imprisonment.  ,
In an island-wide authorities activity aimed at preventing money-laundering in August 2023, Su and nine others were detained.  ,
One of the largest cash laundering activities in the world has good resulted in more than S$ 3 billion in assets being seized or frozen in relation to his situation.  ,
Since April, three gentlemen, Wang Baosen, Su Haijin and Su Wenqiang have pleaded guilty and been sentenced to jail terms of between 13 and 14 weeks.  ,
Su is the third case that the judges have heard.  ,