S$3 billion money laundering case: Third accused convicted, gets 13 months’ jail

With one-third remission, Wang Baosen may be out by early May. - ST ILLUSTRATION

SINGAPORE: Chinese national Wang Baosen has been sentenced to 13 months in jail, the third accused in Singapore’s largest money laundering case to be convicted following a probe that started in 2021.

As part of his plea offer, the 32-year-old has forfeited his assets worth S$8 million believed to be benefits from illegal gambling offences abroad.