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China police release detained Singaporean banker

Dee Jay

Alfrescian (Inf)
Asset

China police release detained Singaporean banker


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Miss Eden Wu Yidian and her American fiance, Mr Jason David Tan, who are engaged and had planned to get married in Singapore on Mar 24.
Reuters

Friday, May 25, 2012

SHANGHAI - Standard Chartered Plc said on Friday that Chinese authorities had released a private bank employee who was reportedly detained for nearly three months on suspicion of harbouring a fugitive.

A StanChart spokeswoman in Hong Kong said Wu Yidian Eden had been released from custody but declined to comment further.

Wu, a naturalised Singapore citizen, was detained in early March as part of an investigation into a bank client who fled the country after absconding with millions of dollars in company money, the Wall Street Journal reported on Friday.

Wu, 31, was questioned after one of her clients, a banker at Agricultural Bank of China in the eastern province of Jiangsu, fled with millions of dollars, the newspaper said.

She will be required to remain in China for one year and not speak to the media as part of the conditions for her release, the report said, quoting Wu's fiance.
 

Dee Jay

Alfrescian (Inf)
Asset

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Ms Wu is being held by Chinese police on suspicion of aiding a former client, now a fugitive. The man allegedly stole US$50 million (S$63 million) from his employer, a government bank.

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A document showing the scheduled wedding date of Ms Wu and Mr Jason David Tan.

 
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