$3b money laundering case: 2 years' jail for former bank employee implicated in saga
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SINGAPORE - The bank employee whose role in a forgery case in 2021 contributed to the largest money laundering probe in Singapore was sentenced on Thursday (Oct 23) to two years' jail.Wang Qiming, 28, had pleaded guilty to two counts of forgery, one count of$3b money laundering case: 2 years' jail for former bank employee implicated in saga
SINGAPORE - The bank employee whose role in a forgery case in 2021 contributed to the largest money laundering probe in Singapore was sentenced on Thursday (Oct 23) to two years' jail.Wang Qiming, 28, had pleaded guilty to two counts of forgery, one count of money laundering and one for the obstruction of justice.The Chinese national had forged documents to conceal the source of funds belonging to Cambodian national Su Baolin, who was one of the 10 foreigners arrested in 2023 in the $3 billion money laundering probe.Six other charges, including for forging a document to allow money launderer Vang Shuiming to deposit $1 million into Vang's Citibank account, were taken into consideration for sentencing.Wang's lawyer, Mr Vinit Chhabra from Vinit Chhabra Law Corporation, had argued for seven to 11 months' jail, saying that it was disproportionate for his client's sentence to be longer than that of the convicted money launderers.The 10 foreigners were jailed for between 13 and 17 months in 2024. Read more














