Woman opens bank accounts that received S$711M, admits she has no clue where the money came from

JARA CARBALLO
Thu, 06 Mar 2025 06:38:25 +0000
Singapore News, fraud, money laundering, Zin Nwe Nyunt

SINGAPORE: On March 5, Zin Nwe Nyunt, a 58-year-old Singapore citizen, admitted in court that she was unaware of the origins of hundreds of millions of dollars transferred into her company’s bank accounts. The case revolves around the unlicensed operation of a payment service, with Nyunt working alongside her husband’s childhood friend, Nyan Win, to …