S$3bil money laundering case: Man jailed 13 months, 6 weeks, forfeits highest amount of assets seized

Vang Shuiming was sentenced to 13 months’ and six weeks’ jail after pleading guilty to two counts of money laundering and one count of submitting a forged document to a bank. - ST

SINGAPORE: The accused in Singapore’s S$3 billion money laundering case, who faces the most number of charges, has also forfeited the most amount of assets seized to the state.

Vang Shuiming, 43, was sentenced to 13 months’ and six weeks’ jail after pleading guilty on Tuesday (May 14) to two counts of money laundering and one count of submitting a forged document to a bank.