AIQINHAI INVESTMENT PTE. LTD. Business Review

14 months’ jail for money launderer Su Haijin; S$165 million forfeited to state

Bedok resident behind 185 companies; 9 of them linked to billion-dollar money laundering bust

However, ST found that J.J. holds secretarial positions in Yihao Cyber Technologies, Daily Glory International and Aiqinhai Investment, three firms where Su was listed as a director. Su was also a shareholder in Meining (Asia) International Electronic Commerce and Sg-Gree, firms where J.J. was appointed as director. He is also the listed secretary of Singapore company Zhuo Chi Technology, linking him to Vang.

Billion-Dollar Money Laundering Case Embroils Some of Singapore’s Banking Giants

In the filing, DBS registered four charges — generally referring to a form of security interest usually taken by a lender to secure repayment of a loan — on Aug. 18, 2021 to Aiqinhai Investment Pte. The firm’s director and sole shareholder Su Haijin is among the 10 individuals who have been indicted in a Singapore court for offenses including money laundering and forgery. Bank of Singapore registered a charge on Jan. 7, 2022 for Xinbao Investment Holdings Pte. One of the firm’s two directors is Su Baolin, who was also among the individuals charged.

$1b anti-money laundering blitz: Man arrested was director of No Signboard Holdings

The Acra search on Su showed he had the most number of appointments out of the 10 people arrested in the operation. Su was a shareholder and director of Aiqinhai Investment, a private company limited by shares, and held the same roles at mobile phone dealer Daily Glory International. On Wednesday, Su was charged with one count of resisting arrest at his good class bungalow at Ewart Park near Holland Road.