The police seized and issued with prohibition of disposal orders for S$3 billion in cash and assets belonging to the 27 individuals. - Photos: Singapore Police Force
SINGAPORE: Investigations into the S$3 billion money laundering case and the wider network of people linked to it will continue, with the police flagging to their foreign counterparts financial information of the suspects on the run for possible action.
On Friday (June 7), Cypriot national Wang Dehai was sentenced to 16 months’ jail over one money laundering charge. He is the last of the 10 foreigners arrested in connection with the case to be convicted.
