SINGAPORE (The Straits Times/ANN): A man linked to a case involving three bank accounts that received more than US$531 million (over S$680 million) in total was sentenced to two years’ jail and a fine of S$109,000 on July 30.
Myanmar national Nyan Win, 61, who had pleaded guilty to two counts of carrying on a business of providing a payment service in Singapore without a licence, will have to spend an additional six months behind bars should he fail to pay the fine.
