SINGAPORE: A man was charged on Thursday ( Jan 23 ) with 15 offences, including forgery and falsifying accounts, in a S$ 3 billion ( US$ 2. 2 billion ) money laundering situation.
Wang Junjie, 42, is the next Singaporean to be charged in the case.
Most of his charges are linked with two foreigners, Su Haijin and Su Baolin , who were sentenced to jail last year for many crimes, including money fraud.
Wang is the former chairman of LW Consultancy, which was engaged by Su Haijin and Su Baolin to provide business office solutions to two businesses – Yihao Cyber Technologies and Xinbao Investments Holdings.
THE Claims
Wang was a chairman of Yihao Cyber Technologies between Jan 3, 2021 and Feb 7, 2022, said the policeman.
Four of his fees are for entering into a plot with Su Haijin to misrepresent the records of Yihao Cyber Technologies for the economic times of 2019 to 2022. This included the tank company’s profits, gross income and business receivables.
Another three charges were for allegedly working with Su Haijin to make false representations to the Inland Revenue Authority of Singapore ( IRAS ) about the shell company’s financial numbers.
He likewise reportedly did the same to the Ministry of Manpower.
Wang is also accused of forging an arrangement between Yihao Cyber Technologies and SG-Gree, which was submitted to DBS as a supporting document to help the beginning of a bank accounts for Yihao.