The update in the value of assets involved was revealed in a hearing where one of accused argued for bail to be granted. Read more at straitstimes.com.
SINGAPORE - The police have taken control of more than $1.8 billion in assets as they continue to investigateThe update in the value of assets that have been seized, frozen, or issued with prohibition of disposal orders, came in a hearing where one of theThe order blocks the sale of assets which are the subject of a police investigation.
Vang, who is also known as Wang Shuiming, is alleged to have submitted a forged bank statement to Citibank Singapore in March 2021 as supporting documentation. Vang, who also has passports from China and Vanuatu, was arrested in a good class bungalow in Bishopsgate, which is in the Tanglin area, on Aug 15.
Assets worth around $200 million have been seized from Vang, who is the director and shareholder of Zhuo Chi Technology, a firm in Singapore that purportedly deals in software development.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Picasso paintings, luxury watches among assets seized from former 1MDB lawyer, Jasmine LooKUALA LUMPUR: Two Pablo Picasso paintings, luxury watches and high-end condominiums in London, the United States and Switzerland, are among the assets seized from former 1Malaysia Development Berhad (1MDB) lawyer, Jasmine Loo Ai Swan. Deputy Inspector General of Police Datuk Seri Ayob Khan Mydin Pitch
Read more »
Two Picasso paintings among assets bought with 1MDB funds to be seized: Malaysia deputy police chiefThe police are also in the midst of completing the full seizure of several other assets. Read more at straitstimes.com.
Read more »
New framework encourages companies to disclose intangible assetsSingapore companies will receive more guidance on how to disclose and communicate the value of their intangible assets, under a new framework that is among the first of its kind globally. Read more at straitstimes.com.
Read more »
LSE Group draws up plans for blockchain-based digital assets businessThe London Stock Exchange Group has drawn up plans for a new digital markets business to offer extensive trading of traditional financial assets on the blockchain technology known for powering cryptocurrency, the Financial Times reported. The company had been examining the potential for a blockchain-power
Read more »
Today in Pictures, Sept 5, 2023Read more at straitstimes.com.
Read more »
Today in Pictures, Sep 5, 2023Read more at straitstimes.com.
Read more »