In the ongoing investigations into the group of foreign nationals suspected to be involved in laundering the proceeds of their overseas organised crime activities, the Police have issued prohibition of disposal orders in respect of another 55 properties and 15 vehicles. The Police also seized an additional 189 luxury bags, 34 pieces of jewellery and five luxury watches. This brings the total value of assets seized or issued with prohibition of disposal orders to more than S$3 billion to date.
In addition, warrants of arrest and Interpol Red Notices have been issued against Su Yongcan, a 33-year-old Cambodian national, and Wang Huoqiang, a 29-year-old Cambodian national, for money-laundering offences under Section 54(1)(c) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992. They had left Singapore prior to the commencement of the Police’s operations on 15 August 2023. Additional case facts are as follows:
In relation to Su Yongcan, who previously held a passport issued by the People’s Republic of China (PRC), the Police seized more than S$16 million in cash and other foreign currencies and issued prohibition of disposal orders for seven properties and 10 vehicles. The Police also froze bank accounts with a total balance of more than S$145 million.
In relation to Wang Huoqiang, who previously held a passport issued by the PRC, the Police seized about S$188,000 in cash and other foreign currencies and issued a prohibition of disposal order for one vehicle. The Police also froze bank accounts with a total balance of more than S$5 million.
Anyone with information on Su Yongcan and/or Wang Huoqiang’s whereabouts should call the Police Hotline at 1800-255-0000 (or +65 6255 0000 for overseas callers) or submit information online at www.police.gov.sg/iwitness. All information received will be kept strictly confidential.
Su Yongcan ▼
Wang Huoqiang ▼
SINGAPORE POLICE FORCE
19 January 2024 @ 5:00 PM