Singapore’s Zeng Jian wins first World Table Tennis singles title
SINGAPORE: On Thursday, October 19, Singapore’s Zeng Jian won the WTT Feeder Doha II final against Anna Hursey of Wales to claim her first World Table Tennis ( WTT ) singles title. At the Aspire Ladies Sports Hall in the capital of Qatar, Zeng, the 163rd-ranked opponent, defeated her opponentContinue Reading
Couple held for posting sex-show videos
Police claim that video posted for paying members in online chat organizations lured women into sex acts.
On costs of luring young people into performing sexual displays and posting videos for paying members in online chat groups, a couple has been detained in Nonthaburi.
The couple had posted videos of group sex involving themselves and other women, according to police from the Anti-Trafficking in Persons Division( ATPD ), who looked into dating apps and various unreliable social media sites.
According to Pol Maj Gen Sarut Kwaengsopha, the ATPD captain, Kankawee Boonchalerm, 24, and his family Rotsukhon Karnbun, 27, made the video available for readers on covert social internet chat parties.
The few posted 30-second videos as teasers to inspire people to pay a 450-baht account fee to view full sex shows, according to Pol Col Pattanapong Sripinphor, chief of ATPD Sub-divission 2.
According to Pol Col. Pattanapong, the movies were also made accessible for a cost of US$ 17, or roughly 700 ringgit, through the woman’s OnlyFans membership channel.
During the research of the couple’s apartment in the Nonthaburi area of Bang Bua Thong, the arresting officials took more than 50 movies from them. Some of the patients in the video appeared to be under the influence of drugs.
According to a preliminary police investigation, on 10 women had been persuaded to participate. Only two individuals stepped forth to criticise the couple.
An 18-year-old lady who was one of the subjects revealed to the police that she had met Mr. Kankawee through a dating app. He told her he stayed with his older girl and persuaded her to go to his place. When she entered the room, she claimed she had been drugged and had passed out.
According to Pol Col. Pattanapong, the plaintiff claimed she was unaware of her sexual abuse until police showed her the movies.
A 28-year-old target claimed that Ms. Rotsukhon, who claimed to enjoy having sex with women, had persuaded her to drink in her room, where she had allegedly stayed with her younger sibling. The target claimed that the sexual acts were recorded on social media and that she had even been abused.
The defendants admitted inviting the women for coffee during doubting, but they denied any maltreatment occurred. They asserted that the video were produced with the women’s permission.
Police have originally filed charges of human trafficking, including raping sufferers who were in a situation they were unable to resist, disseminating intercourse clips for commercial purposes, breaking the Computer Crime Act, and other related offenses. They have also accused others of engaging in sexual activity and selling sexual videos for personal gain.
More Thais to return home from Israel on Saturday
20 Oct 2023 at 16: 42 PUBLISHED
According to a media statement citing the Foreign Affairs Ministry, 2 commercial flights carrying an additional 534 Thai employees are scheduled to take them back from war-torn Israel this Saturday.
The Thai consulate in Tel Aviv has received a relocation registration from every employee.
SpiceJet, an American low-cost airline, is scheduled to leave Tel Aviv on Friday at 8.15 p.m.( Israel time ) with 320 Thai passengers. On Saturday at 1.10 p.m.( Thailand day ), the trip is scheduled to touch down at Suvarnabhumi airport.
With 214 Thai employees, Arkia Israeli Airlines will take off at 11 p.m.( Israel time ) and arrive at Suvarnabhumi airport on Saturday at 2:05 ( Thailand time ).
A reminder to Thais in Sydney was posted on the Royal Thai Consulate-General’s Facebook page on Friday in a related growth.
Thai residents of Sydney are advised to stay away from the exchange page, which stretches from Town Hall to Belmore Park, following a protest by supporters of the State of Palestine on October 15 at Hyde Park. A exchange program for another march on Saturday was also announced.
Thai residents of Sydney really stay away from the exchange location. They may call the Thai consulate’s line at 0411 424 303 in an emergency.
Eight Vietnamese workers who had died in Israel since the Hamas assault on October 7 were repatriated on a commercial aircraft on Friday night. They were then taken back to their particular home counties.
France dangles top-of-the-line Scorpene before Indonesia
Indonesia will receive a significant ticket deal from France in exchange for its newest Scorpene submarines, which may reset the region’s marine power balance, including that of the South China Sea, and mark an important turning point in Jakartas’ marine modernization program.
Naval News reported this month that the” Scorpene Evolved,” a new iteration of France’s Navy submarine, had been proposed to Indonesia. In March 2022, Jakarta second declared its intention to buy Scorpene boats, though there are financing concerns surrounding the purchase.
According to a Naval News report, the submarine’s propulsion system will be outfitted with an entire Lithium-Ion Battery ( LIB ) configuration, giving it the longest endurance of any other Scorpene family variant.
With the full LIB configuration, the Scorpene Evolved will be able to sustain top speed for longer, have a full endurance of 80 days, and have an operating range of more than 8, 000 nautical miles.
Additionally, it states that maintaining and operating the submarines will be simpler and less expensive for the Indonesian Navy( TNI AL ) than air-independent propulsion ( AIP ) ones, which call for elaborate offshore facilities and additional training for submariners and personnel involved in resupply the system.
According to Naval News, the LIB configuration is in line with the Scorpene underwater agreement that calls for the establishment of an Energy Research Lab in Indonesia by Naval Group and Indian state-owned builder PT PAL.
If successful, the source claims that the test will produce the LIBs for a second and subsequent quantities of Scorpene Evolved, which Indonesia may buy and construct in the future. This laboratory could then be used to create additional energy-related technologies for the military and industrial markets.
According to a Naval News statement, Scorpene Evolved has been offered in addition to the Black Shark missile, the more recent F21 heavyweight, and an integrated version of the MBDA Exocet SM39 cruise missile, which is launched from submarines.
It states that no further modifications or upgrades, including for overcome management system software, will be necessary if TNI AL decides to buy the F21 and SM39 afterwards.
Naval News reports that Scorpene Evolved is still being offered as a full local manufacturing, integration, and testing scheme for two submarines at PT PAL’s current underwater design facility in Surabaya, despite its superior performance to the standard S Corpena submarine variant.
According to the report, the program makes sure that 30 % of the entire lease value is returned to Indonesia through technology move, offset, and the creation of dozens of high-skilled work.
Compared to other AIP technology, LIB systems has a number of benefits. Eric Wertheim claims that LIB submarines have advantages over more typical ones, including improved battery discharge rates, quicker refill times, and higher energy densities, in a December 2022 post for USNI News.
According to Wertheim, this leads to increased acceleration and speed, quieter operations, longer underground strength, and overall performance that is noticeably better. Additionally, he points out that LIBs eliminate the need for an AIP system in order to increase the ship’s underground endurance.
However, there are disadvantages to LIB technologies for boats. Paul Greenfield notes that the technologies also needs to deal with issues like chemical stability, capacity reduction over time, inside short-circuiting, and possible thermal runaway that could cause fatal fires in an article published in The Strategist in August 2019.
The remote 17, 500 islands of Indonesia have made it crucial for Jakarta to get and run a sizable underwater ship. Felix Chang noted that while the TNI-AL’s mission had previously been primarily focused on defending the Indonesian maritime borders, Chinese encroachment into its exclusive economic zone ( EEZ ), particularly around the Natuna Islands, has necessitated naval modernization. This observation was made in a September 2021 article for the Foreign Policy Research Institute( FPRI ).
Additionally, China has improved its long-range hit capabilities, allowing it to affect Indonesia outside of the EEZ. Thangavel Balasubramaniam and Ashok Kumar Murugesan note that the People’s Liberation Army-Air Force( PLA – AF ) landed a H-6K nuclear-capable, long-range strategic bomber on Woody Island in May 2018 in an article for the Journal of Indo-Pacific Affairs.
The CJ-20 ALCM has a strike range of 3,500 to 5,000 kilometers, and the bomber can launch six electro-optic or infrared imaging guided air-launched cruise missiles( ALCM ), according to the authors.
Also, Balasubramaniam and Murugesan claim that DF-15 short-range ballistic missiles and a ground-launched version of the YJ-12B anti-ship missile are present on China’s artificial islands in the South China Sea, endangering Indonesia and other nearby states.
Indonesia must be able to work outside of its EEZ and yet preemptively hit these threats in this situation rather than attempting to capture the rockets over its territory. Boats may be a more economical barrier than fielding missile defence systems due to their cunning, long range, and land-attack capabilities. & nbsp,
The Nuclear Threat Initiative( NTI) reports that Indonesia currently owns three Nagapasa-class ships and one Cakra, both of which are built on the German Type 209 group. The Cakra and Nagapasa groups, according to NTI, may be underground for up to 50 days, move at a speed of 21.5 knots while submerged, and are armed with heavy torpedoes, compared to their ability to carry anti-ship missiles.
But, that power falls short of Indonesia’s desired underwater numbers. Ristian Atriandi Supriyanto notes that Indonesia’s Minimum Essential Force ( MEF ) 2024 assessment calls for ten submarines in a March 2022 article for the Asia Maritime Transparency Initiative( AMTI ), noting that the speed and cost of its defense modernization make it difficult to achieve that desired fleet strength.
Additionally, the loss of the KRI Nanggala in April 2021 perhaps have led Indonesia to reevaluate its relationship with South Korea in the submarine program, raising concerns about the latter’s ability to construct and maintain submarines for trade customers. & nbsp,
As a result, France might decide to join Indonesia’s underwater software. According to Asia Times, Indonesia had declared its intention to buy French Scorpene-class ships in March 2022.
In order to create two Scorpene ships and establish a mutual research and development center in Indonesia, PT PAL of Indonesia and Naval Group of France agreed to collaborate in February 2022.
Despite a purchasing deal signed in April 2019 between North Korean builder Daewoo Shipbuilding and Marine Engineering( DSME) and Indonesia’s Ministry of Defense, that decision was made.
Following that, Asia Times reported in May 2023 that the Indonesian Ministry of Finance had given its approval for a plea for US$ 2.16 billion in foreign loans to fund its plan to acquire submarines.
During the International Maritime Defense Exhibition and Conference( IMDEX 2023 ), defense resource Janes was able to obtain a declassified letter from Indonesian Finance Minister Sri Mulyani Indrawati, which revealed that Prabowo Subianto had requested 25 military procurement programs for which foreign loans had been suggested as the source of funding for 2023.
The increasing cooperation between France and Indonesia regarding Jakarta’s underwater system may also indicate a diplomatic convergence of interests in the Indo-Pacific region.
In an article published in May 2021 for The Strategist, Natalie Sambhi notes that France and Indonesia have a number of major interests in the Indo-Pacific, not the least of which is the steady and tranquil South China Sea. According to Sambhi, France’s hobbies as the third-largest hands exporter in the world in 2022 may even clash with Indonesias’ desire to increase its naval power.
Eric Frecon notes that France’s Indo-Pacific strategy is a resurgence of” Gaullo-Mitterrandism”— a diplomatic doctrine that prioritizes French national interests and values in lateral frameworks— in an article published in February 2022 for the ISEAS Yusof Ishak Institute.
Frecon points out that France’s strategy is clear from its investment in ties with different Indo-Pacific end powers like Indonesia, which gives it a chance to move beyond the story of Sino-US bipolarity and toward an even more multipolar world order.
Somsak in Malaysia to restore relations
20 Oct 2023 at 16: 27 PUBLISHED
Somsak Thepsutin, the deputy prime minister, is in Malaysia to address the rebellion issue in the three southern border regions of Pattani, Yala, and Narathiwat in an effort to improve relations between the two nations in all places.
Mr. Somsak traveled to Kalantan State in Malaysia on Friday in his capacity as head of the proper commission for the development of Thailand’s southwestern border provinces. He interacted with Malay businesspeople during his visit, including hoteliers, frozen meat importers, and significant Kota Bharu property developers.
Pasit Juthaputhi, the Thai consul general in Kota Bharu, and three Narathiwat MPs from the partnership Bhumjaithai and Palang Pracharath events were with Mr. Somsak.
Additionally, Mr. Somsak spoke with the captain of the Kelantan officers, Pol Lt Gen Muhamad Zaki Bin Haji Harun.
According to Pol Lt Gen Muhamad Zaki, increased communication and coordination between MPs from both countries have tremendously improved relations between Thailand and Malaysia.
Thailand was urged to intensify efforts to stop the trafficking of illegal workers across the border by the head of the Kelatan authorities, who claimed that they were responsible for crime and the spread of drugs.
He was gushing about the Thai administration’s desire for a cross-border gate to connect the two nations. This could be done, he said, but it would take some time.
According to Mr. Somsak, Thailand hoped that this would happen quickly because it would allow trade between nations to grow.
He claimed that the Indonesian businesspeople he spoke with had expressed interest in starting a sizable private clinic and halal food company. Additionally, they desired the presence of an international college near the border. More in-depth discussions on these topics were necessary, he continued.
Discussions about building a bridge link between the two nations were also brought up, but he claimed that due to the disparity in trail gauges between Malaysia and Thailand, it would be challenging.
Mr. Somsak expressed his hope that his visit may contribute to the improvement of Thai-Malaysia relationships, noting that it was the first high-level browse from a Thai national in ten years.
He expressed his desire to see more top Malaysian authorities work together to resolve issues in Thailand’s three southernmost provinces.
Israel-Hamas conflict: ASEAN calls for ‘immediate end’ to violence
SINGAPORE: As the Israel-Hamas conflict continues, the Association of Southeast Asian Nations ( ASEAN) called for the” immediate end” to the violence in the Middle East on Friday, October 20.
The recent increase of armed conflicts in the Middle East, according to the ASEAN foreign officials, has” terribly concerned” them.
To prevent further individual casualties and demand the full value of international humanitarian law, the union added,” we urge for the quick end of assault.”
” We call on all events to create safe, quick, and unhindered section of humanitarian hallways.”
On October 7, the militant organization Hamas launched raids andnbsp into Israel, killing about 1,400 people — most of them civilians — and kidnapping about 200 people.
Israel has surrounded Gaza in retaliation, launched waves of attacks against the Arab area, imposed a siege, and gathered troops along its borders in preparation for an anticipated ground assault.
” We strongly condemn the acts of violence which have resulted in the deaths and injuries of civilians, including ASEAN nationals ,” the Asian Organization’s statement reads.
In accordance with pertinent United Nations Security Council resolutions, it also reiterated its support for a negotiated two-state solution that would enable Israelis and Palestinians to coexist in peace and security. & nbsp,
” This will be the only practical course of action to resolve the conflict’s underlying causes ,” & nbsp,
Additionally, ASEAN urged all parties to defend and guarantee the discharge of all victims as well as the safety and security of every civilian.
In accordance with the coalition’s recommendations, it also reiterated its commitment to offer ASEAN citizens emergency help. & nbsp,
According to the speech,” We urge the global community to support the peace process in order to ensure long-lasting peace and stability in the region.”
Banks to charge S$0.75 to S$3 for use of Singdollar cheques from Nov 1
The Monetary Authority of Singapore ( MAS ) and the Association of Banks in Singapore( ABS ) first announced the decision to charge customers — both corporates and individuals — for issuing Singdollar-denominated checks in July.
Some banks now impose fees for the issuing of corporate checks but not for individual checks.
According to MAS and ABS, the change coincides with rising check-processing costs as use declines.
Since 2016, the average opening fee for a check has quadrupled, reaching South$ 0.40 in 2021. If check volumes drop by another 70 % by 2025, this is expected to rise to between S$ 2 and S$ 6.
The majority of lenders have been subsidizing the cost of check control, but given the anticipated raise, they are no longer able to do so, according to MAS and ABS.
As a result, seven lenders will be able to adopt the new fees as soon as possible, and other banks won’t do so until next July.
Those who deposit checks will also be required to pay a price in the future in addition to those who issue them.
With the exception of UOB and Maybank, which announced that check deposits would remain free for at & nbsp at least six months after November 1st, most banks have not yet disclosed information regarding deposit fees. This is because” various government agencies and organizations gradually adopt alternative payment methods, such as PayNow.”
Should there be shifts, customers will be notified, according to both banks.
Start-ups struggle to repay loans as interest rates rise, says association representing SMEs
GETTING OFF Money
Local start-up Igloo, which specializes in keyed smart digital hair for homes and businesses, is one company feeling the heat. & nbsp,
In order to survive the COVID-19 epidemic, the company took on two mortgages, but now it faces a new challenge: repaying them.
Anthony Chow, the CEO of the company, said,” We are fortunate that we are able to give up one of our money and we’re almost done with it.”
However, in order to get our shareholders’ support to expand its maturity date, we needed to refine the other one and placed in higher interest rates.
The company grew for approximately two years because it needed money to expand its operations.
Less Chance APPETITE FOR VENTURE CAPITALISTS
Startups typically require credit in order to survive, and one method is through funding from venture capitalists( VC ).
However, VCs are reluctant to take on more risks by investing in businesses that don’t clearly show evidence of revenue growth at a time when the recessionary bell is ringing.
In terms of the macro setting environment, rising interest rates, recessionary stress, etc., there is quite a bit of uncertainty. According to Mr. Patrick Lim, Director of the trade association Action Community for Entrepreneurship, which represents neighborhood start-ups.
The size and number of deals have decreased year over year as a dangerous resource, he continued.
” In truth, based on various market research, we have observed a more than 50 % decrease in overall deals completed for the first half of the season, as opposed to the same time last year.”
A FEW HARDER Reach Companies
Learning technology is one industry that has been particularly hard hit, according to observers.
In addition to dealing with higher prices, it is also experiencing a decrease in demand compared to the pandemic, when home-based teaching became the norm.
According to Mr. Jeff Ng, director of Asia Macro Strategy at Sumitomo Mitsui Banking Corporation( SMBC ) Asia Pacific, capital or resource-intensive industries will likely experience the greatest pressures because they require the heaviest debt financing. Real property and various investment-related industries fall under this category.
However, this might be advantageous for different industries, like economical services.
According to Mr. Ng, whenever there is a pattern, there are always some who gain from it and others who suffer. However, higher interest rates may ultimately cause economic growth to be below pattern for the time being.
Businesses running out of money, according to experts, will also have an effect on the supply chain, their enterprise partners, and their staff.
This is a disease or chain effect that could also have an impact on many other businesses and employees. On Wednesday, October 18, Mr. Ng told CNA’s Singapore Tonight that this can have an impact on usage and result in a general economic slump.
RESEARCHING FOR Styles
According to the industry association, in order to persuade owners of their impact, entrepreneurs must respond to styles more quickly.
It is doubling down on mentoring initiatives to help businesses swivel by assisting them in saving money and looking for opportunities to expand their operations in foreign markets.
At our ending, we look at how we can help the start-ups and see how they can evaluate their business model, assess their cost structure, and get through this trying time, according to Mr. Lim.
Igloo is addressing the cash shortage by cutting overhead costs, consolidating warehouses, and stretching every penny.
The company believes that streamlining supply chains will enable it to survive this challenging time and get back on track to achieve full-year success.
We want to prevent taking money as much as we may, Mr. Chow said,” as we think about our progress forth in 2024 and 2025.”
” In order for us as an organization to be in control of our own future, it is crucial that we enter a self-sustaining function, achieve positive cash flow, and achieve success.”
Following YEAR’S Good OUTLOOK
According to Mr. Lim, native start-ups can also prosper because Singapore receives a large portion of the funds now channeled into Southeast Asia, which means local businesses can prosper more successfully than competitors in nearby markets.
He continued by saying that investors are also more interested in industries like finance, agritechnology, ecology, and artificial intelligence, which encourages aspiring start-ups to consider cutting-edge trends and technologies.
Market participants think that while SMEs will need to continue tightening their belts in a challenging environment for the upcoming several months, the outlook for next year is better.
Overall, Singapore continues to experience extremely difficult and challenging development problems this year, so there are probably some ongoing problems. However, we anticipate some better circumstances next season than we did this month, Mr. Ng said.
India’s LGBTQ activists continue to fight long battle for same-sex unions
ENGAGED IN THE Much BATTLE
The American government argued against same-sex marriage recognition in a March Supreme Court filing, pleading with the court to accept LGBTQ community challenges to the current legal system.
But, the neighborhood claimed that they merit more.
” If they want our vote, the government must do good things for us. We cast our ballots? We are therefore also animal, we have rights, and we also have requirements. Right, so we should have this essential right, this legal right. Siddhant Roy, a gay militant, was questioned.
The fight for the right to tie to be made a fundamental right has been fierce for many people, including same-sex join applicant Utkarsh Saxena and his companion Ananya Kotya.
One of their main requests was for the court to change the Special Marriages Act of India so that it reads” family” as a gender-neutral name. Receiving the equal rights as heterosexual couples is another issue at stake in the constitutional battle.
Mr. Kotya noted that unlike married couples, he would not be covered by Mr Saxena’s employment insurance. & nbsp,
He continued, referring to the tax imposed on recipients for gifts exceeding the value of 50, 000 rupees( US$ 601 ) in a fiscal year,” If we transfer money to each other, we worry about gift tax and things like that.”
However, regardless of the gift’s value, those who receive them from their kids, spouse, sisters, or other close relatives are not required to pay the taxes.
AIMING FOR A GOOD RESULTS
In order to protect the institution of marriage, some people oppose the idea of same-sex organizations, which continue to split views.
According to Mr. Vishnu Gupta, the regional president of the right-wing Hindu Sena organization, homosexuals are only present to challenge social norms and natural laws created by God.
Many members of the LGBTQ community are still hoping for a successful outcome, despite the fact that government and other organizations have generally opposed the idea of same-sex relationship, saying it goes against the basic concept of home.
The Supreme Court’s decision, according to some members of the gay community, is positive because it acknowledges some of their privileges. & nbsp,
There has been development, according to Mr. Saxena.
He continued,” I would have never imagined a time when there would be such an open and safe conversation about gay rights when I was growing up in India. & nbsp,
” This has turned into a kitchen table conversation, and we’re not concerned about our protection. And I consider that to be a significant win.
Purchased passports, shell companies: What affidavits reveal about the accused in the S$2.8b money laundering case
According to Seow Jing Min’s affidavits, Lin calls co-accused Zhang Ruijin” partner” and is in a loving relationship with him.
More than ten years have passed since they first met. According to the IO, she also admits that co-accused Su Haijin and Su Baolin are her companions.
Lin has taken a vacation with Zhang, the two Sus, and their respective ladies.
Lin has one Chinese pass that is still missing, and his asset value is among the highest of the 10 accused.
She is employed by Golden Eagle Family Office, a geographically registered company, as an assistant chief investment officer.
The IO claimed that Lin is the one who makes purchase decisions and that the business is designed to control her own money.
Eagle77 and Ban Tian Yao Catering Management are two of Lin’s registered companies in Singapore, but the IO claimed that neither of these companies has any significant activities, with Eagle47 being established only to aid Lin in buying real estate there.
Lin’s girl Lin Xiaozhen lives in the same building as her 15-year-old girl, who resides with a companion on Beach Road.
Lin was detained alongside her boyfriend Zhang in Sentosa, where she now resides.
Lin’s relatives reside in China and the United Arab Emirates, while her brother is a student in the UK and her kids are in Beijing.
Lin has an estimated net worth of S$ 30.7 million abroad, including six home properties for S$ 10 million in the UK, one residence for US$ 5.7 million from the Philippines, a property in Dubai for S$ 3.7 million, and bank accounts totaling S$ 11.3 million each in Hong Kong, Macau.
Lin is from Fujian, according to her Taiwanese card.
According to the IO, she paid an agent US$ 130, 000 and US$ 160,000, both, to obtain documents from Dominica and Cambodia.
RUIJIN ZHANG
Time: 45.
- Foreign citizenship in demand sheets
- China, Saint Kitts, and Nevis documents
- He is accused of two forgeries involving Macau house and a Hong Kong business loan agreement.
- He was seized of the following resources: S$ 109.8 million in cash, lender accounts, four attributes, cars, alcohol, metal, and expensive jewellery.
- Mr. Lewis Lew Jia Rong from Loo & amp is the defense team’s partner, along with Mrs. Chia Foon Yeow, Mr…
The S$ 109.8 million in property seized or frozen from Zhang are allegedly from two businesses in his brand: Golden Eagle Assets and Gold Eagle Family Office, according to documents from Commercial Affairs Officer Daniel Neubronner.
Zhang has three documents, two from China and one from Saint Kitts and Nevis, and his more recent Chinese pass is missing. According to the IO, he claims to hardly realize where it is kept.
He bought a house worth US$ 250,000 in Saint Kitts and Nevis, where he obtained card and citizen, according to the IO.
Zhang has a work permit for the position of chief investment officer at Golden Eagle Family Office in the area.
Zhang claimed that the business was mainly set up for him to control his own wealth and get an employment pass in Singapore, according to the IO.
In other words, Zhang’s money is the only factor used by the company to decide where to invest.
Zhang’s families and two older brothers reside in China, while his son and daughter are studying there and in Japan, both.
Zhang estimates that he has about S$ 41 million in money abroad. This includes about S$ 2.8 million in stock purchased with money held in a Hong Kong bank account, S$ 931, 000 in money in an unaffiliated Foreign trading company, and S$ 93,000 in Foreign bank transactions.
Additionally, he owns stock in a Spanish real estate development firm for about S$ 37 million.
Zhang is connected to Suspect X, a person who is wanted by Singaporean authorities. The Singapore Police Force ( SPF) has seized or frozen properties worth S$ 127 million from Suspect X and is requesting information from foreign law enforcement organizations about his whereabouts and activities.
Zhang has played sport with Su Baolin, traveled abroad with the couple and their ladies, and is friends with his co-accuse Su Haijin and his partner Lin Baoying.
According to Zhang’s Chinese documents, Fujian is where he was born.
DEHAI WANG
- 34 years old
- Cypriot is the citizenship listed on the cost sheets.
- Passports: China, Vanuatu, Cyprus, and Cambodia
- He is accused of buying a product in The Marq with S$ 2.3 million in improper gaming income and of two costs of laundering gambling proceeds.
- S$ 61 million in cash, cryptocurrencies, bank accounts, real estate, and vehicles were seized from him and his family.
- Defense: Tan Rajah & amp’s Ms. Megan Chia
Wang was hired into the Philippines’ online gaming industry in 2012, according to Assistant Superintendent of Police Lim Yong Khiang, who is involved in Wang’s event.
Before becoming a producer, he initially dealt with punters in customer support and posted advertisements for online betting on well-known websites, according to ASP Lim.
Money or bank transfers were allegedly used to pay him.
Since 2017, ASP Lim has been charging Wang with engaging in illegal virtual playing.
Like him, Wang’s wife and three kids are Cypriots. Wang has a sizable fortune abroad, and his relatives are in China.
According to ASP Lim, this amounts to S$ 1.06 million in two homes in Xiamen, S$ 2.9 million or more in bank records in Hong Kong.
Wang is connected to four additional purported partners who the SPF is looking for. According to ASP Lim, two of the four people who are still at large are Wang’s family. Two of them are wanted by Chinese government for engaging in illegal virtual gambling since 2017.
In his own petition, Wang asserted that he and his wife started looking into relocating their family to Singapore so that their three kids may receive a better education.
He added that he and his family planned to move their kids to Singapore soon.
SHUMMING VANG
- 42 years old
- Turk is the citizenship listed on the invoices.
- China, Vanuatu, Cambodia, and Turkey documents
- He is accused of using a fake record and possessing legal rewards for South$ 2.4 million from unregistered moneylending in China.
- More than S$ 200 million in assets, including cash, bank accounts, 15 components, and cars, were seized from him and his family.
- Defense: Ms. Yang Xinyan from Drew & amp, Napier, and Mr. Wendell Wong.
Vang is wanted by Chinese government for engaging in illegal online gaming, according to Mr. Teh Yee Liang, the case’s principal investigator.
According to Mr. Teh, the Chinese and Singaporean officials are also looking for his brother Wang Shuiting, who is still at large.
Passports from Turkey, China, and Vanuatu are also in the possession of Wang’s wife, son, or child. Other household users of Varg are based in the UK and China.
According to Mr. Teh, Vang claimed that by making financial efforts, he was able to obtain the documents from Turkey and Vanuatu.
He asserted that he had obtained citizenship in Cambodia by making a donation to the country’s government, which” offered ,” according to Mr. Teh,” a passport.”
This card has vanished. Additionally, Varg owns three land parcels in Cambodia that are thought to be worth$ 18 million USD.
In addition to this, he is wealthy abroad, with 32 million yuan invested in Taiwanese personal companies, US$ 500 000 in investments in Turkey, 2 Xiamen, China condominium units for 20 million Yuan each, an investment in a factory there for several million Yan,$ 2 million in Hong Kong bank accounts, and US$ 110,000 in USDT tokens.
According to Mr. Teh, Vang has numerous connections to various wanted suspects. Among them are his brother Wang Shuiting, a suspect whose possessions Singapore authorities have seized totaling more than S$ 260 million, and another relative who was found guilty of engaging in illegal playing in China.
More than US$ 2.8 million price of bitcoin were taken out of Vang’s Binance accounts two days after his arrest in August of this year and while he was still on remand.
According to Mr. Teh, this was allegedly done by” a person of interest.”
Vang relocated his home to Singapore in 2019 and has remained ever since. While his youngest child is still a baby, his two older children are enrolled in this country’s foreign institutions.
The majority of the 10 accused in the case are currently attending a pre-trial meeting, which is off-limits to the general public and the media.
This is true with the exception of Su Wenqiang, who will have his bail review in November, and Chen Qingyuan, whose attorneys changed from Mr. Mark Tan to a group from Drew & amp, Napier, under the direction of Mr Gary Leonard Low.
Chen may appear in court once more in November for a follow-up.