Police seek documents from at least 10 financial institutions over billion-dollar money-laundering case

SINGAPORE authorities are awaiting documents from at least 10 financial institutions (FIs), which are believed to be linked to 10 foreign nationals accused of being involved in a billion-dollar money-laundering scandal.

Public prosecutors on Wednesday (Aug 23) said in court that the police are “working around the clock” as part of intensive investigations, which are still at a preliminary stage.

Documents are pending from a varying number of FIs for each of the accused.