Serious Hokkien Gang who run road agree to surrender $1.85B to MIW! Will Sinkies get a share?

[Pinkieslut]

Billion-dollar money laundering case: 15 of 17 foreigners who fled Singapore agree to surrender S$1.85b of assets​

They have also been barred from returning to Singapore.

Police are seen at a house on Third Avenue, along Bukit Timah, where luxury cars linked to a billion-dollar money laundering case were kept. (Photo: CNA/Jeremy Long)
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Lee Chong Ming​

18 Nov 2024 05:00PM(Updated: 18 Nov 2024 06:43PM)
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SINGAPORE: Fifteen of the 17 foreigners who fled Singapore amid the probe in the S$3 billion money laundering case have agreed to surrender about S$1.85 billion (US$1.37 billion) worth of assets to the state, said the Singapore Police Force (SPF) on Monday (Nov 18).
Court orders have been made for the surrender of those assets, which forms 98.6 per cent of the total assets seized from them.
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The police added the 15 foreigners have been barred from returning to Singapore and their cases had been "dealt with".
CNA understands that this means the cases against all 15 of them are now effectively closed.
Investigations into the other two foreigners are ongoing.
"Assets amounting to S$144.9 million linked to them remain seized or the subject of prohibition of disposal orders," SPF added.
The cases involving the 17 foreigners fall under one of Singapore’s largest money laundering probes. Investigations began in 2021 with tip-offs on a group of foreigners using forged documents to launder money in the country.
This led to the simultaneous arrests of nine men and one woman - with origins in China - in moneyed estates around the country in August 2023.
In the months following the arrests, billions of dollars worth of assets linked to the offenders and other suspects on the run were seized - including hard cash, luxury properties, branded goods, cryptocurrency and alcohol.
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All 10 foreigners were subsequently convicted of money laundering, among other offences, and sentenced to jail.
Of the total assets seized from the 10 offenders or otherwise linked to them, about S$944 million worth of assets, or 92.1 per cent, were surrendered to the state, the police said on Monday.
The last of the 10 offenders was sentenced in June. All of them have been deported following their jail terms and are barred from re-entering Singapore.

The police added that investigations and court proceedings into others who have suspected links to the billion-dollar money laundering case are ongoing.
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In August, two former bank relationship managers - Chinese nationals Wang Qiming and Liu Kai - were charged in court with helping the culprits.
Singaporean Liew Yik Kit, who was the personal driver to Su Binghai, one of the 17 foreigners who fled Singapore, was also handed a charge each of obstructing justice and lying to the police.
Warrants of arrest and Interpol Red Notices have been issued for two other suspects – Cambodian nationals Su Yongcan and Wang Huoqiang – who fled Singapore before police operations relating to the case began.
"We will continue to welcome legitimate businesses and investors, but will spare no effort to take down criminals who seek to exploit the Singapore ecosystem for criminal gains," the police said.

​

 

[LaoHongBiscuit]

got more NS vouchers for NSmen?

 

[congo9]

Where is other 1.2 billion ?

 

[laksaboy]

Don't forget about the hundreds more who are already here but are tactical enough to keep a low profile and avoid detection.

Start hunting them down.

 

[Willamshakespear]

YES. In reply to the thread starter

We Singaporeans do have our own resources, a port city where all compass points meet, & is a Rule of Law Nation, & WILL NEVER need such ill begotten gains SCAMMED from many, so many innocents from criminals for our own progress & evolution.

Our Founding & Forefathers had work hard & smart to give us our todays, let alone once thought by others that we will grovel on knees for survival, but we never did, just simply rolled up our sleeves, got to work & saw our honest growth & respect by others Worldwide.

ANYONE, Worldwide whom have credible evidences before our Court of Law that they were scammed by those criminals is welcomed to Singapore to declare that such or part of such funds belongs to them, just as how we Singapore are open & transparent thru our Judicial system in the Malaysian IMDB case.

Should such cases are deemed unfounded, as there will be many fraudsters whom will make use of our noble judicial aims for their own personal benefits, such funds will be turned over to our National Treasury, to uplift lives, of NOT just citizens thru social expenditure in healthcare, education, security, etc, but to many whom come here for trade or travel such as immigration checkpoints, better information details, security, etc, etc, jobs & honest opportunities for all....

 

[JurongEast]

Got additional cdc vouchers ?

 

[Flying Horse]

got more NS vouchers for NSmen?

Don't even dream of it. Now Comrade Kamala is gone, Ukraine is done and Donald Trump is going to exit from Climate Change Fraud, RFK Jr is going to sue all those BigPharma that Ho Ching had invested in - you thing this S$1.8 billion is enough to pay the bill ? Better prepared for more carbon tax in coming years to pay for all the globalists Mafias.

 

[glockman]

as far as I'm concerned, they are all chinese nationals.

 

[Sikodolaukazzz]

Billion-dollar money laundering case: 15 of 17 foreigners who fled Singapore agree to surrender S$1.85b of assets​

They have also been barred from returning to Singapore.

Police are seen at a house on Third Avenue, along Bukit Timah, where luxury cars linked to a billion-dollar money laundering case were kept. (Photo: CNA/Jeremy Long)
Listen to this article

3 min


This audio is generated by an AI tool.

Lee Chong Ming​

18 Nov 2024 05:00PM(Updated: 18 Nov 2024 06:43PM)
Bookmark
WhatsAppTelegramFacebookTwitterEmailLinkedIn

SINGAPORE: Fifteen of the 17 foreigners who fled Singapore amid the probe in the S$3 billion money laundering case have agreed to surrender about S$1.85 billion (US$1.37 billion) worth of assets to the state, said the Singapore Police Force (SPF) on Monday (Nov 18).
Court orders have been made for the surrender of those assets, which forms 98.6 per cent of the total assets seized from them.
ADVERTISEMENT

The police added the 15 foreigners have been barred from returning to Singapore and their cases had been "dealt with".
CNA understands that this means the cases against all 15 of them are now effectively closed.
Investigations into the other two foreigners are ongoing.
"Assets amounting to S$144.9 million linked to them remain seized or the subject of prohibition of disposal orders," SPF added.
The cases involving the 17 foreigners fall under one of Singapore’s largest money laundering probes. Investigations began in 2021 with tip-offs on a group of foreigners using forged documents to launder money in the country.
This led to the simultaneous arrests of nine men and one woman - with origins in China - in moneyed estates around the country in August 2023.
In the months following the arrests, billions of dollars worth of assets linked to the offenders and other suspects on the run were seized - including hard cash, luxury properties, branded goods, cryptocurrency and alcohol.
ADVERTISEMENT

All 10 foreigners were subsequently convicted of money laundering, among other offences, and sentenced to jail.
Of the total assets seized from the 10 offenders or otherwise linked to them, about S$944 million worth of assets, or 92.1 per cent, were surrendered to the state, the police said on Monday.
The last of the 10 offenders was sentenced in June. All of them have been deported following their jail terms and are barred from re-entering Singapore.

The police added that investigations and court proceedings into others who have suspected links to the billion-dollar money laundering case are ongoing.
ADVERTISEMENT

In August, two former bank relationship managers - Chinese nationals Wang Qiming and Liu Kai - were charged in court with helping the culprits.
Singaporean Liew Yik Kit, who was the personal driver to Su Binghai, one of the 17 foreigners who fled Singapore, was also handed a charge each of obstructing justice and lying to the police.
Warrants of arrest and Interpol Red Notices have been issued for two other suspects – Cambodian nationals Su Yongcan and Wang Huoqiang – who fled Singapore before police operations relating to the case began.
"We will continue to welcome legitimate businesses and investors, but will spare no effort to take down criminals who seek to exploit the Singapore ecosystem for criminal gains," the police said.

​

Like how these people become nationals of these cuntries eg Su Haijin Vang Shuiming and Su Jiangfeng
Pity the girl

 

[laksaboy]

This reminds me of trashy Tiongs committing crimes overseas e.g. pour hot water on baby in Australia, vandalize Yasukuni shrine in Japan, then quickly fled back to Tiongland, so the local laws could not touch them.

It also indicates that the ICA jiakliaobees have the habit of letting criminals, especially foreigners, waltz out of the country with ease.

 

[winnipegjets]

Pretty good harvest for Sinkapore from a harmless crime. What crime have they done, apart from money laundering (just to keep their money from the scrutiny of US authorities)? It is a harmless 'crime' that the PAP is profitting from. Uncle Sam should demand a cut.

 

[red amoeba]

why no one is asking why MOF and the various hawks aren't vigilant to allow 3 BN to be siphoned off and managed only to claw back 50%? Surely such unusual transactions will be flagged out by various institutions? The bankers, dealers & agents who are in cahoots have all been rounded up? Or many of them AMDKs that are deemed untouchables?

Regardless what the press says, SPF would not have lifted a finger had not Wang Yi came and make noise.

 

[Truthspeak]

Don't even dream of it. Now Comrade Kamala is gone, Ukraine is done and Donald Trump is going to exit from Climate Change Fraud, RFK Jr is going to sue all those BigPharma that Ho Ching had invested in - you thing this S$1.8 billion is enough to pay the bill ? Better prepared for more carbon tax in coming years to pay for all the globalists Mafias.

You can wait long long if all the information you got were from mainstream media. Are you telling the mainstream media now no longer worked for the Jews and became white knight?

They are all one big family. The world is a stage. Remember that?

See this picture if you don’t understand what is called you don’t practice what you preached

They deliberately putting a weaker opponent against Trump so that Trump can win the election easily.

It is a selection, never an election