Singapore has charged multiple individuals in connection with a major money laundering case involving approximately S$3 billion ($2.24 billion). Among those charged is Wang Junjie, the former director of a corporate service provider, who is linked to the record S$2.2 billion money laundering case. Additionally, Peng Ming, an account director at Huawei, faces four charges of corruptly providing gratifications, three of which are amalgamated. These developments highlight ongoing efforts by Singaporean authorities to address corruption and financial crimes within the city-state.
A naturalized #Singaporean man was charged with helping foreigners forge documents and falsify accounts as part of a S$3 billion ($2.24 billion) money laundering ring. https://t.co/L4Jz880PAb
Singapore charges man with helping to forge documents in $2.2 bln money laundering case https://t.co/V7UWLrmY9p https://t.co/UKF7PVTfKv
Singapore has charged Wang Junjie, the former director of a local corporate service provider linked to individuals caught up in the city-state’s record $2.2 billion money-laundering case https://t.co/tNiJUds6ll