Businessman jailed for role in money-laundering scheme

May 17, 2019 5:00 AM

A Singapore-based company director has admitted in court his connection with a 2008 case in which Citibank in New York was duped into transferring US$27.2 million (S$37.2 million) from the corporate account of the National Bank of Ethiopia (NBE) to various beneficiaries worldwide.

Original published: 2019-05-17 05:00:00 Read the full Singapore News here

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