Connect with us

Current Affairs

First Singaporean charged in S$3B money laundering case for aiding fugitive

Published

on

SINGAPORE: Liew Yik Kit, 41, has become the first Singaporean charged in court for his alleged connection to a fugitive involved in a S$3 billion money laundering case.

Liew served as the personal driver for Chinese national Su Binghai, who fled during the landmark case investigation and is now wanted for his alleged involvement in money laundering offences.

On Thursday (15 August), Liew was charged with two counts of allegedly lying to the police by claiming that his former employer had not left any valuables in his possession.

In reality, Liew was in possession of four luxury cars belonging to the businessman: a Rolls-Royce Phantom, a Rolls-Royce Cullinan, a Ferrari F8 Spider, and a Ferrari Stradale.

Liew is accused of subsequently disposing of these four cars at a multi-storey carpark at Blk 20 Upper Boon Keng Road between September 11, 2023, and October 5, 2023.

This alleged act prevented the police from seizing the vehicles, thereby obstructing the course of justice.

Company records reveal that Liew was the authorized representative of a car rental company, Quality Limo Services, which has since had its status canceled.

Liew, who has not yet engaged a lawyer, requested more time from the court to consider his plea and seek legal advice. He was granted bail set at S$15,000.

On the same day, two Chinese nationals, former relationship managers at banks, were also charged. They convicted criminals Su Baolin, Vang Shuiming, and Lin Baoying as clients.

These three are among the ten Fujian-origin foreigners convicted and jailed for laundering illicit funds and other offences.

Liu Kai, 35, a former relationship manager at Swiss private bank Julius Baer, was charged with abetting one of the convicted individuals by using a forged document.

Liu faces a charge of assisting Lin, the only woman convicted in the case, in submitting a forged tax document in November 2020.

According to the police, Liu allegedly received various versions of the forged tax document from Lin before submitting the final version to the bank as a supporting document to facilitate the opening of a bank account in Switzerland.

Wang Qiming, 26, a former relationship manager at Citibank whose clients included Su and Vang, was handed 10 charges.

According to charge sheets, in December 2020, Wang allegedly aided Su Baolin in creating a false loan agreement to deceive Standard Chartered Bank regarding the source of a deposit made into Su’s account.

Wang is also accused of possessing $481,678 in cash, collected on behalf of Su Baolin on December 15, 2020, for which he could not satisfactorily explain the origin. He was charged with laundering this amount.

Between April 19 and April 25, 2021, Wang allegedly forged a loan document to deceive Citibank about the source of funds belonging to Vang Shuiming, thereby facilitating the deposit of $999,980 into Vang’s account.

Wang faces an additional charge of obstructing the course of justice by deleting the WhatsApp application from his mobile phone on October 12, 2021, which could have contained communication records with his bank clients.

The former Citibank employee was further charged with providing false information to an Immigration and Checkpoints Authority officer on November 15, 2021. He claimed to have lost his passport, although it had actually been surrendered to the Singapore Police Force.

In court affidavits presented during the hearings of the 10 foreign nationals involved, investigators from the Commercial Affairs Department (CAD) stated that they first investigated Wang over alleged forgery claims before arresting him in 2021.

Wang’s employment with Citibank was terminated in April 2022, according to an earlier statement by the bank.

Liu is represented by a legal team from Lee & Lee, while Wang is represented by lawyers from Anthony Law Corporation. Both men have not yet entered a plea, according to their lawyers.

Liu was granted bail of S$15,000, while Wang’s bail was set at S$25,000.

The cases for Liew and Liu will be heard again on September 12, and Wang’s case is scheduled for September 19.

The post First Singaporean charged in S$3B money laundering case for aiding fugitive appeared first on Gutzy Asia.

Continue Reading
Click to comment
Subscribe
Notify of
0 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

Current Affairs

Reforming Singapore’s defamation laws: Preventing legal weapons against free speech

Opinion: The tragic suicide of Geno Ong, linked to the financial stress from a defamation lawsuit, raises a critical issue: Singapore’s defamation laws need reform. These laws must not be weaponized to silence individuals.

Published

on

by Alexandar Chia

This week, we hear the tragic story of the suicide of Geno Ong, with Ong citing the financial stress from the defamation lawsuit against her by Raymond Ng and Iris Koh.

Regardless of who’s right and who’s wrong, this Koh/Ng vs Ong affair raises a wider question at play – the issue of Singapore’s defamation laws and how it needs to be tightened.

Why is this needed? This is because defamation suits cannot be weaponised the way they have been in Singapore law. It cannot be used to threaten people into “shutting up”.

Article 14(2)(a) of the Constitution may permit laws to be passed to restrict free speech in the area of defamation, but it does not remove the fact that Article 14(1)(a) is still law, and it permits freedom of speech.

As such, although Article 14(2)(a) allows restrictions to be placed on freedom of speech with regard to the issue of defamation, it must not be to the extent where Article 14(1)(a)’s rights and liberties are not curtailed completely or heavily infringed on.

Sadly, that is the case with regard to precedence in defamation suits.

Let’s have a look at the defamation suit then-PM Goh Chok Tong filed against Dr Chee Soon Juan after GE 2001 for questions Dr Chee asked publicly about a $17 billion loan made to Suharto.

If we look at point 12 of the above link, in the “lawyer’s letter” sent to Dr Chee, Goh’s case of himself being defamed centred on lines Dr Chee used in his question, such as “you can run but you can’t hide”, and “did he not tell you about the $17 billion loan”?

In the West, such lines of questioning are easily understood at worse as hyperbolically figurative expressions with the gist of the meaning behind such questioning on why the loan to Suharto was made.

Unfortunately, Singapore’s defamation laws saw Dr Chee’s actions of imputing ill motives on Goh, when in the West, it is expected of incumbents to take the kind of questions Dr Chee asked, and such questions asked of incumbent office holders are not uncommon.

And the law permits pretty flimsy reasons such as “withdrawal of allegations” to be used as a deciding factor if a statement is defamatory or not – this is as per points 66-69 of the judgement.

This is not to imply or impute ill intent on Singapore courts. Rather, it shows how defamation laws in Singapore needs to be tightened, to ensure that a possible future scenario where it is weaponised as a “shut-up tool”, occurs.

These are how I suggest it is to be done –

  1. The law has to make mandatory, that for a case to go into a full lawsuit, there has to be a 3-round exchange of talking points and two attempts at legal mediation.
  2. Summary judgment should be banned from defamation suits, unless if one party fails to adduce evidence or a defence.
  3. A statement is to be proven false, hence, defamatory, if there is strictly material along with circumstantial evidence showing that the statement is false. Apologies and related should not be used as main determinants, given how many of these statements are made in the heat of the moment, from the natural feelings of threat and intimidation from a defamation suit.
  4. A question should only be considered defamatory if it has been repeated, after material facts of evidence are produced showing, beyond reasonable doubt, that the message behind the question, is “not so”, and if there is a directly mentioned subject in the question. For example, if an Opposition MP, Mr A, was found to be poisoned with a banned substance, and I ask openly on how Mr A got access to that substance, given that its banned, I can’t be found to have “defamed the government” with the question as 1) the government was not mentioned directly and 2) if the government has not produced material evidence that they indeed had no role in the poisoning affair, if they were directly mentioned.
  5. Damages should be tiered, with these tiers coded into the Defamation Act – the highest quantum of damages (i.e. those of a six-figured nature) is only to be reserved if the subject of defamation lost any form of office, revenue or position, or directly quantifiable public standing, or was subjected to criminal action, because of the act of defamation. If none of such occur, the maximum amount of damages a plaintiff in a defamation can claim is a 4-figure amount capped at $2000. This will prevent rich and powerful figures from using defamation suits and 6-figure damages to intimidate their questioners and detractors.
  6. All defendants of defamation suit should be allowed full access to legal aid schemes.

Again, this piece does not suggest bad-faith malpractice by the courts in Singapore. Rather, it is to suggest how to tighten up defamation laws to avoid it being used as the silencing hatchet.

Continue Reading

Current Affairs

Man arrested for alleged housebreaking and theft of mobile phones in Yishun

A 23-year-old man was arrested for allegedly breaking into a Yishun Ring Road rental flat and stealing eight mobile phones worth S$3,400 from five tenants. The Singapore Police responded swiftly on 1 September, identifying and apprehending the suspect on the same day. The man has been charged with housebreaking, which carries a potential 10-year jail term.

Published

on

SINGAPORE: A 23-year-old man has been arrested for allegedly breaking into a rental flat along Yishun Ring Road and stealing eight mobile phones from five tenants.

The incident occurred in the early hours on Sunday (1 September), according to a statement from the Singapore Police Force.

The authorities reported that they received a call for assistance at around 5 a.m. on that day.

Officers from the Woodlands Police Division quickly responded and, through ground enquiries and police camera footage, were able to identify and apprehend the suspect on the same day.

The stolen mobile phones, with an estimated total value of approximately S$3,400, were recovered hidden under a nearby bin.

The suspect was charged in court on Monday with housebreaking with the intent to commit theft.

If convicted, he could face a jail term of up to 10 years and a fine.

In light of this incident, the police have advised property owners to take precautions to prevent similar crimes.

They recommend securing all doors, windows, and other openings with good quality grilles and padlocks when leaving premises unattended, even for short periods.

The installation of burglar alarms, motion sensor lights, and CCTV cameras to cover access points is also advised. Additionally, residents are urged to avoid keeping large sums of cash and valuables in their homes.

The investigation is ongoing.

Last month, police disclosed that a recent uptick in housebreaking incidents in private residential estates across Singapore has been traced to foreign syndicates, primarily involving Chinese nationals.

Preliminary investigations indicate that these syndicates operate in small groups, targeting homes by scaling perimeter walls or fences.

The suspects are believed to be transient travelers who enter Singapore on Social Visit Passes, typically just a day or two before committing the crimes.

Before this recent surge in break-ins, housebreaking cases were on the decline, with 59 reported in the first half of this year compared to 70 during the same period last year.

However, between 1 June and 4 August 2024, there were 10 reported housebreaking incidents, predominantly in private estates around the Rail Corridor and Bukit Timah Road.

The SPF has intensified efforts to engage residents near high-risk areas by distributing crime prevention advisories, erecting alert signs, and training them to patrol their neighborhoods, leading to an increase in reports of suspicious activity.

Continue Reading

Trending