Director of suspected shell companies charged, bank accounts believed to have been used to launder money

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SINGAPORE: 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

SINGAPORE: A company director was charged on Monday for her involvement in two suspected shell companies whose bank accounts were believed to have been used for money laundering.

She was also charged with possessing in a company bank account funds suspected of being another person’s benefits from criminal conduct,"which she had failed to account satisfactorily how she came by", said police in a news release.

 

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