Singapore's biggest money laundering case: Soh Boon Keong sentenced to 13 months in prison

On April 2, the main culprit in Singapore's largest money laundering case, Su Wenqiang, became the first defendant to plead guilty and was sentenced to only 13 months in prison. The amount involved in the largest money laundering case in Singapore has risen to more than S$3 billion, and 10 people have been charged so far. In addition to Su Wenqiang, the other defendants are Su Haijin, Su Baolin, Su Jianfeng, Zhang Ruijin, Lin Baoying, Wang Shuiming, Chen Qingyuan, Wang Baosen and Wang Dehai. Two other men of Chinese origin, Su Yongcan (33 years old) and Wang Huoqiang (29 years old), were also confirmed to be involved in the case. The Singapore police have issued arrest warrants for the two and issued a red notice through Interpol. Su Wenqiang faces a total of 11 charges, including eight charges under the Corruption, Drug Trafficking and Serious Crimes (Confiscation of Benefits) Act, alleging that he used S$500,000 obtained from illegal online gambling in the Philippines to buy a Mercedes-AMG C63S car. He is also suspected of using about S$116,800 to buy 17 luxury goods such as branded bags and jewelry, as well as 30 bottles of Kweichow Moutai and 12 bottles of 18-year-old Macallan whiskey. In addition, he was accused of using more than S$350,000 to pay the monthly rent and deposit for a quality bungalow on Lewis Road near the Botanic Gardens, as well as the monthly rent for a unit at Orchard Three Trees Apartment. All or part of the above funds were also earned by Su Wenqiang through an illegal online gambling business in the Philippines, and the target of this business was mainly Chinese gamblers. The prosecution charged him with two charges of violating the Corruption, Drug Trafficking, and Serious Crimes (Confiscation of Benefits) Act, and the remaining charges will be considered by the judge when sentencing. The judge finally sentenced him to 13 months in prison, starting from the day he was arrested on August 15 last year. (Lianhe Zaobao)