Lin Baoying, charged over the billion-dollar money laundering case in Singapore. , the only woman among 10 suspects in Singapore's multibillion-dollar money laundering crackdown, was sentenced to 15 months in jail on Thursday .
The court ordered the forfeiture of about S$154 million of Lin's seized assets. This makes up around 90 per cent of the S$170.5 million worth of assets in relation to Lin and her companies. The prosecution, represented by Deputy Public Prosecutors Nicholas Tan, Ryan Lim and Gan Ee Kiat, argued for Lin to be jailed for between 15 and 17 months.
Investigations also revealed that Lin was suspected to have run an unlicensed and unlawful gambling operation overseas between 2015 and 2019, and had transferred the proceeds into Singapore.
Crime State Courts Money Laundering
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