SINGAPORE: The historic S$1 billion money laundering case is scheduled to proceed to court on Wednesday (23 Aug).
Beyond the 10 arrested individuals, an additional eight suspects believed to be connected to the case are suspected to have fled the country.
Lianhe Zaobao reports that the Singaporean authorities are anticipated to issue Interpol Red Notices for these individuals.
The identities of these eight individuals, sought by the police, remain undisclosed. Additionally, twelve individuals are aiding with current investigations.
Drawing from precedent, it is believed that the authorities will soon petition Interpol to release Red Notices for these eight individuals.
As outlined on Interpol’s official website, a Red Notice serves as a global law enforcement request to locate and provisionally detain a person pending extradition, surrender, or other legal measures.
“Fujian Gang” allegedly linked to S$1 billion money laundering case
Last Tuesday (15 Aug), the Singapore Police Force (SPF) apprehended ten individuals and confiscated assets, including properties and luxury cars, with an estimated value of approximately S$1 billion (equivalent to US$737 million).
These ten individuals were charged on 16 August. Their identity being reported are:
- Su Haijin (苏海金), 40, a Cypriot national
- Su Baolin (苏宝林), a 41-year-old Cambodian national
- Su Jianfeng (苏剑锋), a 35-year-old national of Vanuatu
- Zhang Ruijin (张瑞进), aged 44, a Chinese national
- Lin Baoying (林宝英), 43 years old, a Chinese national
- Chen Qingyuan (陈清远), a 33-year-old Cambodian national
- Vang Shuiming (万/王水明), a 42-year-old Turkish national
- Su Wenqiang (苏文强), a 31-year-old Cambodian national
- Wang Baosen (王宝森), a 31-year-old Chinese national
- Wang Dehai (王德海), a 34-year-old male Cypriot national
While possessing different nationalities, all ten individuals hail from Fujian, China. They are facing a range of charges, including forgery, money laundering, and resisting arrest.
Singapore police earlier noted that all the persons involved in the high-profile money laundering case are neither Singapore citizens nor permanent residents.
A search through Chinese media sources has unveiled that among these suspects, some are being pursued by Chinese authorities for offenses committed within Mainland China.
Significantly, certain suspects reportedly occupied positions as shareholders or directors in specific companies.
According to records from the Accounting and Corporate Regulatory Authority of Singapore, seven of the defendants have affiliations with 20 local companies.
Subsequent investigation has disclosed that a considerable number of these companies do not genuinely exist, and a few registered addresses correspond to entirely unrelated entities.
Based on the records, although 20 companies appeared operational, only three were associated with genuine registered addresses.
Eleven companies were untraceable, while the remaining six were located in restricted-access areas, including private residences.
As an example, in the case of one suspect, Su Haijin, two of the companies where he held directorial roles listed registered addresses at Asia Square Tower 1.
Nevertheless, Zaobao reported that their reporter was unable to locate these two companies at the specified addresses.
Formerly, Su Haijin was a director at No Signboard Holdings, a restaurant operator.
He also occupied positions as both a shareholder and director at Aiqinhai Investment, a privately held company limited by shares. Similarly, he held identical roles at Daily Glory International, a mobile phone dealership.
Su Haijin also assumed roles as a shareholder and director at Yihao Cyber Technologies Pte. Ltd, and separately held a shareholder status in Meining (Asia) International Electronic Commerce Pte. Ltd. and Sg-Gree, an electrical appliance manufacturer specializing in air-conditioners.
Notably, Su Haijin is the younger sibling of another individual who was apprehended, namely Su Baolin.