A former banking relationship manager, who allegedly facilitated offences contributing to Singapore’s largest money laundering case, will plead guilty to 10 charges, including money laundering and forgery.
Wang Qiming, who was charged on Aug 15, had indicated his intention through his lawyer from Anthony Law Corp during a court appearance on Dec 11.
During his time at the bank, Wang’s clients included two of the 10 convicted money launderers – Su Baolin and Vang Shuiming. Wang, who has not been able to satisfactorily explain where the money came from, faces one charge of laundering this sum. The former Citibank employee was also charged with providing false information to an Immigration and Checkpoints Authority officer on Nov 15, 2021.
Ten foreigners were nabbed and about $3 billion in cash and assets, including jewellery, watches, cars and bottles of alcohol, were seized or issued with prohibition of disposal orders.
Bank Corruption Court Money Laundering
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