Money laundering accused Lin Baoying expected to plead guilty on May 30
Lin is the ninth of 10 foreign nationals embroiled in the case who has indicated a guilty plea
THE only woman to be accused in the multibillion dollar money laundering case is expected to plead guilty next week.
Chinese national Lin Baoying, who faces a total of 10 charges, is expected to plead guilty on May 30, court records show.
Earlier this week, Lin was handed seven new charges, including for using forged documents and possessing benefits of criminal conduct, The Straits Times reported.
Over S$200 million of her assets have been seized, The Business Times reported previously. This includes cash, properties and vehicles, including some that were held collectively with her lover Zhang Ruijin, who was also accused of money laundering.
Lin is the ninth of 10 foreign nationals embroiled in Singapore’s largest money laundering case who has indicated a guilty plea. Zhang was convicted and sentenced to 15 months imprisonment on Apr 30.
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