Singapore's largest money laundering case suspect, Vang Shuiming, faces 22 charges for submitting forged financial statements to Bank Julius Baer & Co's Singapore branch, involving assets worth over $3 billion.

Singapore's largest money laundering case suspect, Vang Shuiming, received six additional charges for submitting forged financial statements from 2017-2019 to Swiss private bank, Bank Julius Baer & Co's Singapore branch. Vang, a Turkish national, now faces a total of 22 charges, the highest among the 10 suspects. The assets involved in the case have been seized and are worth more than $3 billion.

March 27, 2024
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