Russian man, Singaporean woman to be charged with alleged money laundering, other offences
A 35-year-old Russian man and a 42-year-old Singaporean woman will be charged in court on Friday (Oct 9) for their alleged involvement in money laundering and related activities.Police said on Thursday evening that he provided corporate secretarial services to local and foreign clients through a locally established corporate service provider owned by him.He is said to have taken on directorship in a company for one of his clients, and recruited the Singaporean woman and two other individuals to be local directors of at least five other companies.Meanwhile, the Singaporean woman had allegedly opened a bank account and took control of the other bank accounts of the two companies for which she was appointed director.The first two companiesAccording to the police, their investigations revealed that the man allegedly conspired with her to allow unidentified persons to control the two companies' bank accounts. Its investigations also found that one of the accounts received more than US$16,200 (S$20,777), S$221,500, and about A$100,000 (S$89,980) between the period of March and June 2021.