Singapore’s $2.2 billion money laundering case has sentenced eight out of the 10 arrested individuals to jail.
Lin Baoying has been sentenced to 15 months in jail after facing 10 charges, according to a «Straits Times» report citing court proceedings. She pleaded guilty to three – two for forgery and one for money laundering – while the other seven were taken into consideration during the sentencing. Lin is the only woman in the case and she had S$153 million ($113 million) out of the S$170.5 million in seized assets forfeited to the state.
Lin, 44, becomes the eighth individual out of the 10 originally arrested in the case to be sentenced to jail.
