Ex-Chinese Official Gets 15 Months Jail in Singapore
This article is for subscribers only.
Li Huabo, a former local government official accused of a 94 million yuan ($15 million) fraud in China, was sentenced to 15 months in jail for receiving stolen money in his Singapore bank accounts.
Judge Siva Shanmugam said Li’s crimes involved some degree of sophistication when handing down his verdict and sentence yesterday after an 18-day trial. Li’s bail was doubled to S$160,000 ($129,292) pending a possible appeal.