S’poreans who helped set up firms linked to $2.8b money laundering case removing their names

have started removing their names from the companies, amid an investigation by the Accounting and Corporate Regulatory Authority .

Foreigners are required to engage a registered filing agent, including CSPs, to incorporate a company in Singapore. “When the news broke, we did our internal checks to see if we had any clients that were related to the 10 accused,” said Mr Lim, who ST learnt was registered as secretary or director of about 1,400 live companies.

The 10 suspects are Su Baolin, Su Haijin, Chen Qingyuan, Su Wenqiang, Lin Baoying, Zhang Ruijin, Wang Dehai, Su Jianfeng, Vang Shuiming and Wang Baosen. ST ILLUSTRATIONS: CEL GULAPASu Jianfeng, had registered a firm which they alleged was a shell company.Su, 35, claimed he was the chief executive of the firm. But when questioned by the police, the Vanuatu national, who faces four money laundering charges, could not pinpoint his office address.

Chen was among the 10 individuals arrested in the CAD operation, and Wang Qiujiao was named in MinLaw’s list.

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