$3b money laundering case: 2 suspects on the run spent $70m on UK properties
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Two suspects linked to the $3 billion money laundering case spent more than S$69.8 million on properties in London while on the run from the authorities in Singapore.The Straits Times, working with investigative reporting group, the Organised Crime and Corrup$3b money laundering case: 2 suspects on the run spent $70m on UK properties
Two suspects linked to the $3 billion money laundering case spent more than S$69.8 million on properties in London while on the run from the authorities in Singapore.The Straits Times, working with investigative reporting group, the Organised Crime and Corruption Reporting Project (OCCRP), learnt that the pair had purchased the properties through their UK-listed firms between July and September 2023.One of the suspects, Su Binghai, bought nine apartments in London worth $27 million just one week after he escaped police raids in Singapore.China-born Su Binghai, who holds Cambodian citizenship, and has passports from Vanuatu, a South Pacific Ocean nation, and St Kitts and Nevis in the Caribbean, was among 17 suspects who evaded arrest during the police operation on Aug 15, 2023.In all, 10 foreigners were arrested that day. They were eventually convicted, sentenced and barred from returning to Singapore. Read more









