S$3bil money laundering accused gets 6 new charges for submitting forged statements to Swiss bank

A High Court judge in October 2023 refused bail for Vang, saying there was a risk of Vang absconding as he had obtained passports from Turkey, Vanuatu and Cambodia. - CEL GULAPA, SINGAPORE POLICE FORCE

SINGAPORE: Vang Shuiming, one of the 10 accused in Singapore’s largest money laundering case, was handed six more charges on Wednesday (March 27).

Vang, 42, also known as Wang Shuiming, allegedly submitted forged financial statements from two companies – Xiamen Yetian Trading and Xiamen Likanghang Trading – to Bank Julius Baer & Co’s Singapore branch on July 19, 2022, as supporting documentation.