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AsiaOne
2 days ago
- AsiaOne
$3b money laundering case: Singaporean jailed for lying to police about fugitive's luxury cars, Singapore News
SINGAPORE — The personal driver of Su Binghai — one of the fugitives in the $3 billion money laundering case — has been dealt with for lying to the police about his boss' luxury cars worth $8.3 million. Liew Yik Kit, 42, is the first Singaporean to be convicted and sentenced in relation to Singapore's largest money laundering case. On June 30, Liew was sentenced to three months' jail after pleading guilty to lying to the police. Another charge of obstructing the course of justice was taken into consideration during sentencing. The $3 billion money laundering case saw 10 foreign nationals arrested in multiple islandwide raids here on Aug 15, 2023. The 10 foreigners have been jailed, deported and barred from re-entering Singapore. Su Binghai was driven by Liew out of Singapore via Tuas Checkpoint on the evening of Aug 15 — the day of the raids. The pair then stayed at a hotel in Kuala Lumpur before Liew dropped Su off at Kuala Lumpur International Airport on Aug 17, 2023. Investigations revealed that before Su flew off, he instructed Liew to help him sell his four luxury cars which were parked in his home in Singapore. These were a Rolls-Royce Phantom, a Rolls-Royce Cullinan, a Ferrari F8 Spider and a Ferrari Stradale worth a total of $8,364,297. Liew agreed as he expected to get a commission of around one per cent — or around $80,000 — for the sale of the cars. Su then left the four cars and their keys in Liew's possession. On Aug 18, 2023, after returning to Singapore, Liew went to Su's house and drove the four cars out, one after another, and parked them at a multi-storey carpark in Upper Boon Keng Road. Deputy Public Prosecutor (DPP) Louis Ngia said Liew did this despite not yet identifying a buyer for the cars as he wanted to quickly take control of the vehicles. Subsequently, Liew contacted car brokerage company Pro Carz to arrange the sale of the four cars. He then drove all four to Roxy Square on Sept 1, 2023. The keys to the four cars remained with Liew while the sale was being arranged. On Sept 11, 2023, Liew was called to give a statement on investigations into Su. He lied to the police that his boss did not leave any valuable properties in his possession. Worried that the police would find out that he had the keys to Su's four cars, Liew then drove the cars back to the multi-storey carpark in Upper Boon Keng Road. Liew's acts came to light when the police received information on Oct 5, 2023, that a blue Rolls-Royce, which was in the care of Su Binghai's brother, Su Bingwang, was found parked at Roxy Square's carpark. It was there because Liew was also arranging for it to be sold by Pro Carz, said DPP Ngia. This led the police to discover that the Pro Carz dealer had also applied for season parking at Roxy Square for the four other luxury cars — but they could not be found there. The car dealer later told the police that the four cars were in Liew's possession, and Liew was arrested. DPP Ngia said Su Binghai has not returned to Singapore since he left on Aug 15, 2023. In October 2024, Su Binghai and his wife, Wang Manzu, agreed for their assets to be surrendered to the state. These surrendered properties, including the four cars, were valued at more than $316.6 million, said the prosecutor. Assets worth about $1.85 billion have been surrendered to the state by 15 foreigners who are on the run from the police in relation to this money laundering case. In return, the Interpol Red and Blue Notices against them were withdrawn. Seeking a jail term of three to four months for Liew, DPP Ngia said Liew lied to the police as he was blinded by greed, trying to sell the cars to get a commission. Because he gave false information to the police, the cars were recovered almost one month later, and after significant effort had been put in the investigation, said the prosecutor. In mitigation, defence lawyer Kanagavijayan Nadarajan noted his client's early plea of guilt. Kanagavijayan added that Liew subsequently cooperated with the police and helped the authorities recover two cars owned by Su Bingwang — a blue Rolls-Royce and a white McLaren. For giving false information to a public servant, an offender can be jailed for up to two years, fined, or both. [[nid:719498]] This article was first published in The Straits Times . Permission required for reproduction.
Singapore Law Watch
2 days ago
- Singapore Law Watch
$3b money laundering case: S'porean jailed for lying to police about fugitive's luxury cars
$3b money laundering case: S'porean jailed for lying to police about fugitive's luxury cars Source: Straits Times Article Date: 01 Jul 2025 Author: Nadine Chua Liew Yik Kit is the first Singaporean to be convicted and sentenced in relation to Singapore's largest money laundering case. The personal driver of Su Binghai - one of the fugitives in the $3 billion money laundering case – has been dealt with for lying to the police about his boss' luxury cars worth $8.3 million. Liew Yik Kit, 42, is the first Singaporean to be convicted and sentenced in relation to Singapore's largest money laundering case. On June 30, Liew was sentenced to three months' jail after pleading guilty to lying to the police. Another charge of obstructing the course of justice was taken into consideration during sentencing. The $3 billion money laundering case saw 10 foreign nationals arrested in multiple islandwide raids here on Aug 15, 2023. The 10 foreigners have been jailed, deported and barred from re-entering Singapore. Su Binghai was driven by Liew out of Singapore via Tuas Checkpoint on the evening of Aug 15 – the day of the raids. The pair then stayed at a hotel in Kuala Lumpur before Liew dropped Su off at Kuala Lumpur International Airport on Aug 17, 2023. Investigations revealed that before Su flew off, he instructed Liew to help him sell his four luxury cars which were parked in his home in Singapore. These were a Rolls-Royce Phantom, a Rolls-Royce Cullinan, a Ferrari F8 Spider and a Ferrari Stradale worth a total of $8,364,297. Liew agreed as he expected to get a commission of around 1 per cent – or around $80,000 – for the sale of the cars. Su then left the four cars and their keys in Liew's possession. On Aug 18, 2023, after returning to Singapore, Liew went to Su's house and drove the four cars out, one after another, and parked them at a multi-storey carpark in Upper Boon Keng Road. Deputy Public Prosecutor (DPP) Louis Ngia said Liew did this despite not yet identifying a buyer for the cars as he wanted to quickly take control of the vehicles. Subsequently, Liew contacted car brokerage company Pro Carz to arrange the sale of the four cars. He then drove all four to Roxy Square on Sept 1, 2023. The keys to the four cars remained with Liew while the sale was being arranged. On Sept 11, 2023, Liew was called to give a statement on investigations into Su. He lied to the police that his boss did not leave any valuable properties in his possession. Worried that the police would find out that he had the keys to Su's four cars, Liew then drove the cars back to the multi-storey carpark in Upper Boon Keng Road. Liew's acts came to light when the police received information on Oct 5, 2023, that a blue Rolls-Royce, which was in the care of Su Binghai's brother, Su Bingwang, was found parked at Roxy Square's carpark. It was there because Liew was also arranging for it to be sold by Pro Carz, said DPP Ngia. This led the police to discover that the Pro Carz dealer had also applied for season parking at Roxy Square for the four other luxury cars – but they could not be found there. The car dealer later told the police that the four cars were in Liew's possession, and Liew was arrested. DPP Ngia said Su Binghai has not returned to Singapore since he left on Aug 15, 2023. In October 2024, Su Binghai and his wife, Wang Manzu, agreed for their assets to be surrendered to the state. These surrendered properties, including the four cars, were valued at more than $316.6 million, said the prosecutor. Assets worth about $1.85 billion have been surrendered to the state by 15 foreigners who are on the run from the police in relation to this money laundering case. In return, the Interpol Red and Blue Notices against them were withdrawn. Seeking a jail term of three to four months for Liew, DPP Ngia said Liew lied to the police as he was blinded by greed, trying to sell the cars to get a commission. Because he gave false information to the police, the cars were recovered almost one month later, and after significant effort had been put in the investigation, said the prosecutor. In mitigation, defence lawyer Kanagavijayan Nadarajan noted his client's early plea of guilt. Mr Kanagavijayan added that Liew subsequently cooperated with the police and helped the authorities recover two cars owned by Su Bingwang – a blue Rolls-Royce and a white McLaren. For giving false information to a public servant, an offender can be jailed for up to two years, fined, or both. Nadine Chua is a crime and court journalist at The Straits Times. Source: The Straits Times © SPH Media Limited. Permission required for reproduction. Print
Straits Times
3 days ago
- Straits Times
$3b money laundering case: Singaporean jailed for lying to police about fugitive's luxury cars worth $8m
Liew Yik Kit, 42, is the first Singaporean to be convicted and sentenced in relation to Singapore's largest money laundering case. ST PHOTO: KELVIN CHNG SINGAPORE – The personal driver of Su Binghai - one of the fugitives in the $3 billion money laundering case – has been dealt with for lying to the police about his boss' luxury cars worth $8.3 million. Liew Yik Kit , 42, is the first Singaporean to be convicted and sentenced in relation to Singapore's largest money laundering case. On June 30 , Liew was sentenced to three months' jail after pleading guilty to lying to the police. Another charge of obstructing the course of justice was taken into consideration during sentencing. The $3 billion money laundering case saw 10 foreign nationals arrested in multiple islandwide raids here on Aug 15, 2023. The 10 foreigners have been jailed, deported and barred from re-entering Singapore. Su Binghai was driven by Liew out of Singapore via Tuas Checkpoint on the evening of Aug 15 – the day of the raids . The pair then stayed at a hotel in Kuala Lumpur before Liew dropped Su off at Kuala Lumpur International Airport on Aug 17, 2023. Investigations revealed that before Su flew off, he instructed Liew to help him sell his four luxury cars which were parked in his home in Singapore. These were a Rolls-Royce Phantom, a Rolls-Royce Cullinan, a Ferrari F8 Spider and a Ferrari Stradale worth a total of $8,364,297. Liew agreed as he expected to get a commission of around 1 per cent – or around $80,000 – for the sale of the cars. Su then left the four cars and their keys in Liew's possession. On Aug 18 , 2023, after returning to Singapore, Liew went to Su's house and drove the four cars out, one after another, and parked them at a multi-storey carpark at Upper Boon Keng Road. Deputy Public Prosecutor Louis Ngia said Liew did this despite not yet identifying a buyer for the cars as he wanted to quickly take control of the vehicles. Subsequently, Liew contacted car brokerage company Pro Carz to arrange the sale of the four cars. He then drove all four to Roxy Square on Sept 1, 2023. The keys to the four cars remained with Liew while the sale was being arranged. On Sept 11, 2023, Liew was called to give a statement on investigations into Su. He lied to the police that his boss did not leave any valuable properties in his possession. Worried that the police would find out that he had the keys to Su's four cars, Liew then drove the cars back to the multi-storey carpark at Upper Boon Keng Road. Liew's acts came to light when the police received information on Oct 5, 2023, that a blue Rolls-Royce, which was in the care of Su Binghai's brother, Su Bingwang, was found parked at Roxy Square's carpark . It was there because Liew was also arranging for it to be sold by Pro Carz, said DPP Ngia. This led the police to discover that the Pro Carz dealer had also applied for season parking at Roxy Square for the four other luxury cars – but they could not be found there. The car dealer later told the police that the four cars were in Liew's possession, and Liew was arrested. DPP Ngia said Su Binghai has not returned to Singapore since he left on Aug 15, 2023. In October 2024, Su Binghai and his wife, Wang Manzu, agreed for their assets to be surrendered to the state. These surrendered properties, including the four cars, were valued at more than $316.6 million, said the prosecutor. Assets worth about $1.85 billion have been surrendered to the state by 15 foreigners who are on the run from the police in relation to this money laundering case. In return, the Interpol Red and Blue Notices against them were withdrawn. Seeking a jail term of three to four months for Liew, DPP Ngia said Liew lied to the police as he was blinded by greed , trying to sell the cars to get a commission . Because he gave false information to the police, the cars were recovered almost one month later, and after significant effort had been put in the investigation, said the prosecutor. In mitigation, defence lawyer Kanagavijayan Nadarajan noted his client's early plea of guilt. Mr Kanagavijayan added that Liew subsequently cooperated with the police and helped the authorities recover two cars owned by Su Bingwang, Su Binghai's brother – a blue Rolls-Royce and a white McLaren. For giving false information to a public servant, an offender can be jailed for up to two years, fined, or both. Nadine Chua is a crime and court journalist at The Straits Times. Join ST's WhatsApp Channel and get the latest news and must-reads.
Yahoo
10-02-2025
- Automotive
- Yahoo
Watch a Badly Damaged Ferrari F8 Spider Cruise Down the Highway
It's not all that uncommon to see a Ferrari driving around Los Angeles. Spotting one puttering around that looks like it's been driven through a battle... well, that's a bit less common. Yet that was exactly what motorists came across on February 2nd, when the driver of a Ferrari F8 Spider wrecked up his car after crashing into a center divider on the highway — yet kept on driving despite the heavy damage. According to video posted to multiple social media accounts including @angnews and @streetpeopleoflosangeles, at around 5 a.m. on the 2nd, officers of the California Highway Patrol reported to a crash on the westbound side of Interstate 10 near the Crenshaw Boulevard exit, where they came across the mangled V-8 Ferrari and told the man behind the wheel to scrape the car into motion and off the highway. "So it cranks? Drive it off on Crenshaw, I'll be right behind you," a CHP officer can be heard telling the driver. "The car's already totaled, it doesn't matter if it gets more messed up." Video from the scene posted online features the driver speaking with authorities, explaining that he was forced to swerve to avoid a gray car; unfortunately, that swerve put him right into a concrete highway divider. Thankfully, the driver appears to be all right, but the car suffered massive what can be seen in the video, it appears that all of the Ferrari's airbags were deployed. The driver's side of the car impacted the barrier, and it tore off the headlight on that side, as well as much of the front bumper. The driver's side rear wheel is wobbling, and with the exception of the front left tire, all the others are either flat or ripped off the wheels entirely. The windshield is smashed, and the frunk won't close. It's reminiscent of nothing so much as the scene in The Wolf of Wall Street when Leonardo DiCaprio's character drives his a white Lamborghini Countach home while high on Quaaludes. You Might Also Like You Need a Torque Wrench in Your Toolbox Tested: Best Car Interior Cleaners The Man Who Signs Every Car
