Singapore’s largest-ever money laundering case continues with charges slapped against a former director at a corporate service provider.
Wang Junjie has been charged with 15 offenses in Singapore’s S$3 billion ($2.2 billion) anti-money laundering case, according to a «Business Times» report citing legal proceedings. The charges range from engaging in a conspiracy to falsify accounts to forging documents.
Wang is a Singaporean who was a director and qualified individual at filing agent LW Business Consultancy, a provider of corporate secretarial services, such as incorporation of companies or filing of annual returns, to business entities. He held positions in nine companies linked to Su Haijin, Su Baolin and Vang Shuiming who are among the 10 accused in the laundering probe.
The 10 individuals have all served jail terms and have since been deported from Singapore. 17 others linked to the case have fled the city-state while another three are undergoing court cases including former bankers Liu Kai and Wang Qiming as well as driver Su Binghai.
