SINGAPORE - A man allegedly linked to Singapore’s largest money laundering case involving $3 billion in cash and assets was handed 15 charges on Jan 23 for offences including forgery.
Naturalised Singaporean Wang Junjie, 42, is accused of multiple offences linked to two of the 10 foreigners who were earlier convicted and sentenced over the case.
Around October 2021, he allegedly engaged in a conspiracy with Su Baolin to make false representations to the Inland Revenue Authority of Singapore (Iras) regarding the accurate values of Xinbao Investments Holdings’ revenue, gross profits and trade receivables for the firm’s 2020 financial year.
And around March 2022, Wang, who was then an officer at Yihao Cyber Technologies, also allegedly engaged in a conspiracy with Su Haijin to commit forgery to cheat DBS Bank.
Wang is accused of forging a document purporting to be an e-commerce software development agreement between Yihao Cyber Technologies and another firm called SG-Gree.
Wang also faces 13 other charges, including the falsification of accounts and using forged documents as genuine copies.
He is the second Singaporean to be charged over the money laundering case.
In August 2024, Liew Yik Kit, 42, was the first one charged in relation to it.
He was the personal driver to Cambodian national Su Binghai, who fled during the probe and is wanted for his involvement in alleged money laundering offences.
Liew’s case is pending.
In 2023, The Straits Times had reported that Wang, a registered qualified individual (RQI), had been named as secretary or director of 185 companies.
They included several linked to Su Haijin and Su Baolin.
Su Haijin (left) and Su Baolin.ST...