Two former bank relationship managers were charged in court on Thursday ( Aug 15 ) with aiding the money launderers in the multibillion dollar case of dirty money being converted into Singaporean wealth.
After all ten offenders in the first money-laundering case have served time off and been deported to numerous nations, this occurs.
The people newly charged are: Bank marriage managers and Chinese citizens Wang Qiming, 26, and Liu Kai, 35.
Wang was given 10 expenses, including fraud, money laundering and obstructing justice.
He reportedly forged a mortgage document to trick the bank he was working for into allowing a loan of almost S$ 1 million into Vang Shuiming‘s accounts and held S$ 481, 678 in laundered money in laundered money for Su Baolin.
Liu was a marriage director at Bank Julius Baer &, Co,  , which counted Lin Baoying amongst its users.
He reportedly helped her post a forged , Chinese revenue report to the bank maybe before Nov 24, 2020,  , to support Lin open an account in Switzerland.
A second person is set to be charged. The gentleman was Su Binghai’s individual driver, who is at huge and sought after by Singapore authorities for his alleged involvement in the money-laundering scheme.
He allegedly lied to the authorities and left four cars in his hands.