Singapore
Billion-dollar money laundering case: Suspect handed five new charges, including failure to explain S$26m in bank account
Friday, 26 Apr 2024 9:29 PM MYT
SINGAPORE, April 26 — One of 10 people allegedly involved in Singapore’s largest money laundering case was handed five new charges today.
Zhang Ruijin, 45, already faced three charges of forgery before today’s charges, and is set to plead guilty on Tuesday.
Charge sheets for the earlier three charges stated that he allegedly forged three documents that indicated he had borrowed funds from a Hong Kong firm and received money from the sale of two Macau properties. These documents were used to cheat CIMB bank.
Zhang, who is in remand, appeared in court via video today.
His five new charges are:
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