SINGAPORE: Earlier, it was reported that some of the individuals involved in the significant S$1 billion money laundering case in Singapore are believed to have entered the country in 2019 or earlier.
They were active within certain local communities and also participated in organizations that catered to new immigrants.
An article posted on Singapore’s Sian Chay Medical Institution (善济医社) website in 2021 mentioned individuals with the same names as four of the accused in this case.
Although the original article has since been removed, the original post indicated that three couples donated S$100,000 (approximately US $73,681) to the charitable organization.
The article expressed gratitude, stating, ‘Special thanks to the families of Su Haijin and Ms. Wu Qin (伍琴), the families of Su Baolin and Ma Ning (马宁), and the families of Zhang Ruijin and Lin Baoying.’
Su Haijin, Su Baolin, Zhang Ruijin and Lin Baoying, are four among the ten arrested suspects in the recent high-profile case.
In a recent update, Lianhe Zaobao reported that President’s Challenge, an annual charitable campaign led by the Singapore President, confirmed that since 2018, Sian Chay Medical Institution has made donations to the campaign.
In 2020, Sian Chay Medical Institution received three checks of S$100,000 each, bearing the names of individuals with the same names as three suspects in the billion-dollar money laundering case.
These three checks were subsequently handed over to the President’s Challenge and were distributed to beneficiary organizations in June 2021.
However, the spokesperson emphasized that the President’s Challenge has no direct relationship with the individuals involved in the case and has not received any further donations from them.
“The President’s Challenge is aware of the media reports and will continue to monitor the development of the situation,” the spokesperson clarified.
Su’s high-life in Singapore
In fact, 40-year-old Su Haijin, a Cypriot national, reportedly helds multiple positions as a director or shareholder in various companies. He is said to be actively engaged in social activities, allegedly sponsoring the Singapore President’s Charity Golf Tournament.
He also offers support to various associations, and in return, he has been honoured with the title of honorary chairman.
Su was charged with one count of resisting arrest, in which the police statement indicated that during the arrest on Tuesday, officers outside Su’s bedroom identified themselves and instructed him to open the door.
Su then allegedly leapt from the second-floor balcony of his GCB in Ewart Park and was later found by the police hiding in a drain.
The jump resulted in fractures to his hands and legs, and he was taken to the hospital while conscious.
Meanwhile, Su Baolin, the elder brother of Su Haijin, a 41-year-old Cambodian national, is also reportedly a founder of two companies, and a shareholder of construction firm Sentosa Project.
Gutzy earlier reported that Su Baolin reportedly paid S$39.33 million for a Sentosa Cove bungalow with a sea-facing view in April 2021.
According to a police statement, Su was arrested on last Tuesday at a Good Class Bungalow (GCB) located on Nassim Road, during which he was purportedly discovered with a foreign passport suspected to have been issued by China.
Zhang Ruijin (张瑞进), aged 44, a Chinese national, was a director and shareholder at Golden Eagle Assets, and director at Golden Eagle Family Office Pte Ltd., which was incorporated on 03 Oct 2019 according to an online source.
Zhang’s involvement extended to his role as a director and shareholder at Singapore Galaxy Fintech Pte Ltd, although he has since been relieved of these responsibilities.
Lin Baoying, 43 years old, Chinese nationality and also Zhang’s wife, was a manager at Ban Tian Yao Catering and Shareholder at Eagle77.
Zhang Ruijin and Lin Baoying have each been charged with one count of forgery.