Jail, fine for 2 brothers linked to companies involved in possible money-laundering activities

Singaporeans Heng Boon Liang and Heng Joo Keng were also told to falsely present themselves as the ultimate beneficial owners of the firms.

The other Russian, Singapore permanent resident Maxim Glazov, 57, incorporated five of the companies. He is expected to admit to his charges on July 28. " would assist Maxim in the operations of TB, and would have no involvement in the daily operations of the remaining four companies." In April 2017, Glazov told the elder Heng that banks were intending to close the firms' accounts because of"US sanctions imposed on Russian entities and Russian nationals and the political issues and sanctions between the two countries".

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Director of suspected shell companies charged, bank accounts believed to have been used to launder moneySINGAPORE: A company director was charged on Monday (Jul 4) for her involvement in two suspected shell companies whose bank accounts were believed to have been used for money laundering. Susila Hyrawatty Hashim, 43, is facing two counts of offences under the Companies Act, f
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »