Money laundering accused charged with submitting forged documents to cheat StanChart, Bank of Singapore

VANUATU passport holder Su Jianfeng, one of many 10 accused in Singapore’s largest cash laundering case, was on Thursday (Feb 8) handed two new prices for submitting cast paperwork to 2 monetary establishments.

Su allegedly submitted three units of false annual stories for an organization, Xiamen Zhou Hang Mao Yi You Xian Gong Si, to Standard Chartered in May 2023, and to Bank of Singapore in March 2022.

Charge sheets famous that he supposed to make use of these paperwork to point out that one Chen Qiuyan had authentic sources of wealth.

Chen is presupposed to be Su’s spouse. Her registered deal with is a unit in 8 Saint Thomas, a condominium in River Valley, the place Su lived. She is without doubt one of the 24 associates who’re at present underneath probe by the authorities, in keeping with a earlier discover the Ministry of Law despatched to treasured metallic sellers.

According to information platform Handshakes, Chen is a director at two firms, holding firm Qingfeng Assets and Qingfeng Investment, which purportedly presents administration consultancy providers.

Su, who additionally has a passport from China, now faces six prices. In August final yr, he was charged with possessing some S$17 million in money, held in three protected deposit containers at Certis Cisco Security, which had been allegedly advantages from illegal distant playing actions.

Su is without doubt one of the 10 international nationals nabbed in an anti-money laundering blitz in August. The belongings concerned within the case have swelled to over S$3 billion, in keeping with the most recent police replace.

More than S$160 million of Su’s belongings have been seized, together with 13 properties, 4 automobiles and greater than S$20 million in financial institution accounts.

He was beforehand in courtroom for a bail utility in October. Bail was denied then by District Judge Terence Tay, on account of ongoing investigations and a doable threat of collusion among the many accused and their associates underneath investigation.

He will subsequent return to courtroom on Feb 15 for a pre-trial convention.