The Straits Times
www.straitstimes.com
Published on Dec 27, 2012
 

Man charged with moving criminal proceeds out of Singapore

 
 

An unemployed man was today charged with four counts of receiving stolen property and nine counts of removing criminal proceeds out of Singapore.

Lim Ee Tak, 46, also faces one charge of acquiring $100,000 from a businessman which he had reason to believe were benefits from criminal conduct.

The court heard that, all in, he dealt with $860,970.

Lim, a Singaporean, is said to have made more than $5,870 by receiving money from overseas and transferring it to firms and individuals in Malaysia. The offences allegedly took place in April this year.