Cambodian national Chen Qingyuan was the first of nine foreigners to be handed fresh charges on Wednesday. Read more at straitstimes.com.
SINGAPORE – The suspects in the billion-dollar money laundering case were on Wednesday denied bail amid concerns flagged by the prosecutors over possible collusion and third-party interference with investigations.
District Judge Kow Keng Siong ordered for them to remain in custody, after prosecutors raised concerns over alleged links between the suspects. Chen possessed a white Range Rover, which purportedly represents benefits from remote gambling offences. Chen, who was first charged on Aug 16 with one count of benefiting from the ill-gotten gains of criminal activities, is now facing four charges under the same Corruption, Drug Trafficking and Other Serious Crimes Act .
The Cambodian national, who was handed a second forgery charge, appeared in court via video link from Changi Medical Centre. The 41-year-old has a congenital heart condition.The prosecutor made an application for him to remain in remand for eight more days, noting that the risk of collusion and contamination of evidence remains high.
According to court documents, he took possession of a black Toyota Alphard Hybrid Elegance in 2022, which allegedly represents his benefits from criminal conduct. Wang’s lawyer Adrian Wee noted that the prosecution had argued that there is a prospect of collusion, but did not state why it came to this conclusion and who the accused may be colluding with.
On Wednesday, the 43-year-old Chinese national was handed a second forgery charge, and a charge of perverting the course of justice. Su, who has been charged with one count of resisting arrest, was not handed new charges on Wednesday. DPP Ng said that the accused is recovering after surgery on Monday.
Wang, a 34-year-old Cypriot national, was handed a second charge under the Corruption, Drug Trafficking and Other Serious Crimes Act on Wednesday, and will remain in remand. Defence lawyer Megan Chia sought bail for her client, noting that his passport has been confiscated and that all the assets belonging to him and his wife have been frozen.
He was slapped with four money laundering charges, which involve him allegedly possessing criminal benefits from an unlicensed moneylending business in China.DPP Foo said assets worth around $200 million were seized from Vang, adding that police require more time because of the sheer number of items.
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