Cambodia charges 3 Chinese with money laundering

[geovalin]

Phnom Penh Municipal Court yesterday charged three Chinese nationals who allegedly tried to launder more than $3 million after they brought the money into the Kingdom on Tuesday. Court prosecutor Ly Sophanna identified the suspects as Wang Shi Ping, Wang Li Chao and Zhang Jian, who were arrested at Phnom Penh International Airport when they flew in with the banknotes.

 

“Wang Shi Ping, Wang Li Chao and Zhang Jian were charged with money laundering under Articles 3 and 29 of the Law on Anti-Money Laundering and Combating the Financing of Terrorism,” he said. “They face up to 20 years in prison if convicted.”

. .

Suos Vichearandy, municipal court deputy chief of secretariat, said the investigating judge decided to put the three men into pretrial detention at PJ prison. On April 26, the Interior Ministry reported that three Chinese nationals were arrested on April 23 for trying to bring in over $3.5 million in cash from Hong Kong into the Kingdom without declaring the source of the money. The Ministry’s immigration police said the three were carrying $3,520,000 in bundled $100 banknotes upon arrival at the airport.

 

read more https://www.khmertimeskh.com/50598818/foreigners-held-over-laundering/

 

[Krataiboy]

Ah. . . Now I know why so many Chinese run laundries.

[Mavideol]

  we have seen it here (Thailand) time after time after time, not at all surprised it happen in Cambodia it appears they are (another) province of China and Thailand on it's way

[Ireland32]

Only 3, Geezus