CAREER CHINESE MONEY LAUNDERER CONVICTED IN BILLION DOLLAR SINGAPORE SCANDAL ARRESTED ON NEW CHARGES UPON ARRIVAL IN EUROPE

WANG SHUIMING, one of the major Chinese organized crime players in Singapore's largest money laundering scandal, and who served a thirteen month sentence and was thereafter deported in Japan, has been arrested in Montenegro, when he arrived there on a private plane. Details have not been released, but it is known that he had passports from three different countries other than China in his possession. It was reported that he was coming from the Maldives, and that he was arrested due to an INTERPOL Red Notice; What jurisdiction issued the arrest warrant is not known.

I find it interesting that he chose to enter Europe outside the EU; it looks just another career money launderer, plying his dark trade in another part of the world, caught in the act. He is the Poster Child for all that is wrong with Singapore's extremely lenient money laundering sentencing policies. Sentencing is supposed to represent not only a deterrent for others, but to incapacitate the offender for a sufficient period of time, out of circulation. Singapore sinly want to deport these offenders forthwith, but in doing so they unleash them on the rest of the financial system.

BTW Wang's alias is VANG SHUIMING; his CBI passports were from TURKEY, VANUATU and CAMBODIA, when arrested in Singapore. He still had the Vanuatu passport when taken into custody in Montenegro.