S'porean duo charged for illegally sending $1m

S'porean duo charged for illegally sending $1m

Two Singaporean men were charged on Wednesday for allegedly funneling more than $1 million to an Indonesian associated with jailed former Liberia president Charles Taylor.

Wan Teck Guan, 59, and Soh Boon Hock, 61, had supposedly provided financial help to Joseph Wong, also known as Yoseph Prawira.

The United Nations (UN) Security Council Resolution 1532 states that it is illegal to financially support Charles Taylor or his associates, who were responsible for the removal and depletion of Liberian resources.

Wong was mentioned in UN Resolution 1532 as having provided military and financial support for Taylor.

From January 2005 to February 2013, Soh was said to have made available close to $1 million to Wong.

Soh, who faces 108 charges, had allegedly given Wong a supplementary card with a credit limit of $60,000 in June 15, 2006.

In June 2007, Soh was said to have made a Giro payment of more than $34,000 to a credit card in Wong's name.

Smaller cheque payments of between $160 and $180 had also been made by Soh to Wong's golf club membership accounts in Singapore and in Batam, Indonesia.

Wan, on the other hand, faces 22 charges for allegedly making cheque payments worth around $58,000 to Wong's credit card between October 2004 and June 2007.

If found guilty, both men can each be fined a maximum of $100,000 or jailed up to five years, or both.


This article was first published on Nov 15, 2014.
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