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Suspects in $2.8 billion money laundering case donated S$350k to President’s Challenge, S$30k to ComChest

The Community Chest (ComChest) acquired S$30,000, while President’s Challenge received over S$350,000 from individuals accused in the S$2.8 billion money laundering case.

An earlier report disclosed that three suspects—Su Haijiin, Su Baolin, and Zhang Rujin—each donated S$100,000 to Sian Chay Medical Institution in 2020. These contributions were later funneled to President’s Challenge, benefitting various organizations in June 2021.

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SINGAPORE: In the most recent update, it came to light that the President’s Challenge received S$350,000 in contributions from among the ten individuals apprehended in the monumental S$2.8 billion money laundering case.

Significantly, this development corroborates an earlier report from Chinese media regarding three suspects in the case—Su Haijiin, Su Baolin, and Zhang Rujin—each donating S$100,000 to the Sian Chay Medical Institution in 2020.

Subsequently, these three donations were transferred to the President’s Challenge and disbursed to beneficiary organizations in June 2021.

On Wednesday (11 Oct), Ms Charmaine Leung, the managing director of The Community Chest (ComChest), the philanthropic and engagement division of the National Council of Social Service, informed Singapore’s Straits Times that ComChest received S$30,000 from some of the suspects.

Ms Leung also disclosed that ComChest has subsequently filed police reports and suspicious transaction reports (STRs).

She emphasized that donations already allocated to benefiting agencies will remain unaffected.

“We are working closely with the Commissioner of Charities (COC) to determine how to treat the donations.”

However, the organization refrained from specifying which of the ten individuals charged in the case made the donations.

In a similar vein, a spokesman for President’s Challenge stated that they, too, have submitted police reports and STRs.

They reassured the public that contributions already distributed to benefiting agencies would not face disruption and expressed their cooperation with the COC in determining the donations’ treatment.

Three suspects in S$2.8 billion case allegedly donated S$100,000 each to the President’s Challenge in 2020

In August, it came to light that an article originally posted on Singapore’s Sian Chay Medical Institution (善济医社) website in 2021 had mentioned the names of Su Haijin, Su Baolin, and Zhang Rujin, along with their respective spouses.

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So typical pappies culture – see got money for themselves, anything also can be considered “good” for SG.

All forms money of from all sources, from heaven or earth is GREATLY NEEDED, and WARMLY welcomed, ESPECIALLY HUSHED up ones, BETTER STILL bitcoin Etherium, TO Replenish empty National Piggy banks to SUPPLEMENT water increases, GST increases, UTILITY increases.
Then, QUESTION : Why is the guardian of our CPF money SO BLOODY keen to Make Friends from Sam Bankman, FTX?

, … and the island’s resident snakesperson wants it’s islanders to believe that investigations were triggered by suspicious transactions, … picked up by MAS !!!

Donations, … of no small sums, began in 2020 leh !!!

A three year plus delayed triggered reaction !!!

And who dare say, … SillyPore is not sharp, always taking a serious view and on the ball !!!

Dirty money is welcomed by the PAP

Dig further! The net of agents benefited is wider than thought. Do not just catch the rat, the mouse eating the meal is as much participating than the feeder. Will be nice to watch the coming quarter report on luxury businesses that have rotated these billions of dollars which is no small feat churning out fake domestic economy of course, the GST have already benefited the regime.

Hahaha! So generous. We should rename the President’s Challenge to Money Launderers Challenge. Did HY even donate 10% of the amount donated by the money launderers?

Uh oh, is the former not-my-presidamn implicated in receiving ill gotten laundered money? Is she and her associated organisations then to be investigated for possible criminal liability? It’s a very serious crime to not have done due investigation before receiving sinful money and then passing on to the poor while pretending to be Robin hood.

Does the making of a police report absolve every recipient organisation from using the money?
Perhaps the reporters should ask point blank if the charitable organisations intend to surrender the money received?

Singapore IS FILTHILY CONTAMINATED in RECENT years.

And the PAP Administration is the INDIRECT CULPRIT WHOSE ROLE is SIGNIFICANT because it’s their very AGGRESSIVE NATURE to COVER UP and SWEEP away ANY ACCUSATIONS AGAINST THEM when EVIDENCES (of truths) are STACKED.

Worst BEHIND the POFMA LAW, it’s USED PROFUSELY TO SILENT FACTS USUALLY they DEEMED not their versions.

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