The first suspect to plead guilty in Singapore’s largest money laundering case was convicted and sentenced to 13 months’ jail in a district court on Tuesday (Apr 2).
Su Wenqiang, 32, admitted to 11 charges of money laundering, possessing proceeds from illegal remote gambling offences and lying to get work passes for himself and his wife.
More than S$3 billion (US$2.2 billion) in assets have been seized or frozen in relation to the case. This likely makes it one of the largest money laundering operations in the world.
