$3b money laundering case: Last of 10 to be sentenced gets longest jail term of 17 months



The last of 10 people to be sentenced in Singapore’s $3-billion money laundering case has been handed the heaviest jail term of 17 months. The assets seized from Vanuatu national Su Jianfeng, 36, was also the highest among the nine men and one woman arrested. The police seized about $187 million worth of assets from Su, his wife and their companies. About 95% of that has been ordered to be forfeited to the state. Jeraldine Yap reports.

source

Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

Exclusive | UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud – WSJ

Exclusive | UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud  WSJ Source link

3 minutes ago

Punjab Govt Suspends 25 Jail Officials In Crackdown On Corruption, Drug Syndicates In Prisons – Free Press Journal

Punjab Govt Suspends 25 Jail Officials In Crackdown On Corruption, Drug Syndicates In Prisons  Free Press…

10 minutes ago

History of the Cambridge Analytica Controversy – Bipartisan Policy Center

History of the Cambridge Analytica Controversy  Bipartisan Policy Center Source link

13 minutes ago

Study Names Arizona as Most Corrupt State – WSJ

Study Names Arizona as Most Corrupt State  WSJ Source link

14 minutes ago

Opinion | Political Bias Isn’t Inevitable in TV News – WSJ

Opinion | Political Bias Isn’t Inevitable in TV News  WSJ Source link

28 minutes ago

Corruption in China’s Military Threatens Its Readiness, U.S. Says – WSJ

Corruption in China’s Military Threatens Its Readiness, U.S. Says  WSJ Source link

33 minutes ago