Over $800k in donations from convicts in $3 billion money laundering case surrendered to authorities

1 month ago 94

Updated

May 22, 2024, 02:00 PM

Published

May 22, 2024, 02:00 PM

SINGAPORE - Several charities that received donations from individuals linked to Singapore’s high-profile money laundering case have surrendered the contributions to the authorities.

The President’s Challenge and Community Chest (ComChest) told The Straits Times on May 18 that they had handed the donations to the police, in line with the Commissioner of Charities’ (COC) recommendations.

ComChest received $30,000 and the President’s Challenge got more than $350,000 from individuals in the case. Both organisations did not identify the donors.

Separately, Sian Chay Medical Institution said it had handed over to the authorities all the donations it received from individuals in the case in October 2023.

From 2020 to 2022, Su Haijin donated $101,000 in total to the social service agency. Su Baolin donated $39,000 in total from 2021 to 2023, while Zhang Ruijin donated $12,000 in 2021.

In an earlier interview, Sian Chay Medical Institution confirmed it had also received a cheque of $100,000 each from Su Haijin, Su Baolin and Zhang Ruijin in 2020, which were then given to the President’s Challenge.

ST reported in October 2023 that at least six charitable organisations and s...

Read Entire Article