Ng Yu Zhi slapped with 12 new charges from nickel trading fraud
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Singapore
BUSINESSMAN Ng Yu Zhi, who is allegedly involved in a US$1.1 billion nickel trading scam, was on Monday (Mar 28) slapped with 12 new charges, bringing the total number of charges he is facing to 105.
The new charges relate to the transfer of funds that represent his benefits from criminal conduct, and also include the purchase of cars, jewellery and other property, the Attorney-General's Chambers said.
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