LIU KAI, a Chinese national who was a relationship manager at Swiss private bank Julius Baer, on Wednesday (Oct 23) pleaded guilty to abetting one of the convicts in the S$3 billion money laundering case to use a forged document.
The charge relates to abetting Lin Baoying, the only woman convicted in the case, to submit a forged tax document in November 2020.
Police previously said Liu allegedly received various alterations of a forged tax document from Lin before submitting the final version to the bank as a supporting document to facilitate the opening of a bank account in Switzerland.
In court on Wednesday, his defence counsel Anthony Wong of Lee & Lee said Liu is “prepared to take a certain course, subject to resolving certain issues with prosecution pertaining to ongoing investigations and the current charge”.
The prosecution also noted that the Commercial Affairs Department of the police is still conducting investigations into Liu, as they had just received new information.
Liu is out on bail of S$15,000. His next court appearance is a pre-trial conference fixed for Nov 22.
