SINGAPORE: Three men, aged between 26 and 41, will be charged in court on Thursday ( Aug 15 ) with various offences linked to one of the country’s largest money laundering cases.  ,
Two of the 10 immigrants who were found guilty and imprisoned for laundering illegal funds and other crimes are former lender partnership professionals who counted convicted thieves Su Baolin, Vang Shuiming, and Lin Baoying among their customers.  ,
Su Binghai, who is already wanted by the authorities for his role in admitted money laundering offences, was the other person’s individual drivers.
The authorities said on Wednesday that” their cases relate to a group of people who were found guilty of laundering the revenues of international organized crime actions in Singapore and others who are suspected of doing the same but have not returned to Singapore to confront inquiries since the investigation started.”  ,
The second banks worker, a 26-year-old Chinese nationwide, was a marriage director employed by a overseas bank incorporated in Singapore.
Su Baolin and Vang were two of his customers.  ,
Studies revealed that the man allegedly aided Su Baolin by signing a phony loan deal to defraud another lender about the origin of the loan that was made into Su Baolin’s bank accounts around December 2020.  ,
He was also allegedly in possession of S$ 481, 678 ( US$ 366, 500 ) of cash collected on behalf of Su Baolin on Dec 15, 2020, for which he has been unable to provide a satisfactory account of its provenance, said the police.  ,
Between Apr 19, 2021 and Apr 25, 2021, the man allegedly forged a loan document to steal the bank in which he was working as to the source of Vang’s money, thus allowing the loan of SS$ 999, 980 into Vang’s bank accounts on Mar 29, 2021.
The second bank employee, a 35-year-old  , Chinese national, was a relationship manager employed by the local branch of a foreign-incorporated bank whose clients included Lin.  ,
Before submitting the final version to the bank as a supporting document, Lin claimed to have received various changes to a forged tax document before facilitating the opening of a bank account in Switzerland.  ,
The remaining individual, a 41-year-old Singaporean, was the personal driver to Su Binghai, who is currently wanted by the police.
He is accused of lying to the police about how much money Su Binghai had left in his possession and of obstructing the justice system by disposing of four of Su Binghai’s vehicles.