Billion-dollar money laundering case: High Court rejects lawyers’ bid for man to be released

In his oath, the investigating officer also claimed that Singapore authorities had used” a foreign authority’s” knowledge to find US$ 30 million in property they were unaware of.

Without disclosing which authorities these were, Mr. Ng stated that CAD is also awaiting word from international regulators regarding their desire for Vang.

According to Mr. Ng,” This is one of the largest money laundering circumstances ever investigated in Singapore ,” according to the public history. ” The authorities have asked for the amount of time to conduct investigations precisely because this situation is so complex and large-scale.”

Vang is allegedly strongly related to co-accused Su Haijin and Su Baolin, according to the petition.

The Chinese government is looking for Vang and his nephew Wang Shuiting because they engaged in illegal gambling.

One of the eight persons wanted by the Singapore law is Vang’s brother.

In addition to all of this, the judge learned that Vang was in contact with Suspect X, another suspect who is also wanted by the law and is no longer in Singapore.

According to Mr. Ng, these connections appear to be connected to another illegal activities, and Suspect X’s assets totaling about S$ 260 million have been seized.

Chinese authorities likewise want criminal X to be charged with engaging in illegal gambling.

The risk of cooperation and contaminants of any information is” very clear” given these connections, according to Mr. Ng. He added that CAD has granted all of Mr. Wong’s requests and that it was” simply not feasible for endless unrestrained access” to guidance to be given.

The defense’s applications were rejected by Justice Vincent Hoong because they fell short of the strict requirements for a legal correction.

There must have been” a major inequity” in order to do that.

Additionally, he reprimanded the defense attorneys for submitting their claims the previous evening at 11.29 p.m. They spent the entire trip in Bangkok for a business trip.

The judge claimed that in order to clean his journal for this essential application, he had” bent over backwards” and had stayed up late reading the defense’s soon submissions.

The defense apologized heavily.

Vang is one of the 10 defendants in the case, and he will make a court appearance tomorrow to receive additional discusses.