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Singapore Charges Former Bankers in $2.3 Billion Money-Laundering Case

Two ex-bank employees and a driver face multiple charges in Singapore's largest money-laundering probe.

  • Wang Qiming and Liu Kai, former bank managers, are accused of forgery and aiding money launderers.
  • The scandal involved laundering illicit funds from overseas gambling operations.
  • Authorities seized $2.3 billion in cash, properties, and other assets last year.
  • Ten individuals have already been convicted and deported in connection with the case.
  • A driver linked to a wanted fugitive is also charged with obstructing justice.
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