[Tee tiong huat]

Mr Teh said CAD had not known of these assets initially, and was alerted to them only after receiving information from "foreign authorities".

Mr Teh said the overall quantum of cryptocurrency assets is believed to amount to more than US$30 million and investigations on this front are ongoing.

"This further strengthens my belief that the accused has connections and assets to allow him to relocate outside of Singapore, despite the seizure of his local assets, should he be released on bail," said Mr Teh.

More than S$200 million in assets linked to Vang have been seized in Singapore.

According to Mr Teh, this comprises S$962,000 in cash, S$128.8 million in his bank accounts, S$5.5 million in his wife's bank accounts, 15 properties worth S$104.8 million in his wife's name but funded by him and three vehicles worth S$3.4 million in his wife's name but funded by him.

Billion-dollar money laundering case: Accused at risk of cancer, say lawyers who suggest 24-hour surveillance

Su Baolin's lawyers alleged that Changi Prison's Complex Medical Centre does not provide adequate care for their client, who has a congenital heart condition.

Lawyers for one of the 10 people charged in relation to Singapore's largest money laundering probe revealed on Wednesday (Nov 15) that their client was at high risk of gastric cancer.

They asked that Su Baolin be released on bail, proposing 24-hour surveillance with a guard by his side to mitigate any flight risk.
https://www.channelnewsasia.com/singapor...er-3922086