Singaporeans who helped set up firms linked to RM9.72bil money laundering case removing their names from their companies


They were previously listed as directors, secretaries or shareholders of companies set up by several of the foreigners nabbed in the Aug 15 anti-money laundering blitz. - PHOTOS: SINGAPORE POLICE FORCE

SINGAPORE: A number of Singaporeans who helped set up firms for individuals linked to the S$2.8 billion (RM9.72 billion) money laundering case have started removing their names from the companies, amid an investigation by the Accounting and Corporate Regulatory Authority (Acra).

They were previously listed as directors, secretaries or shareholders of companies set up by several of the foreigners nabbed in the Aug 15 anti-money laundering blitz.

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