First man convicted in Singapore billion-dollar money laundering case

Cambodian national Su Wenqiang, who was sentenced to 13 months in prison, agreed to forfeit more than S$5.9 million in seized assets to the state.

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.

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