
South Korean man jailed for receiving S$1.55b in cash, buying 28 tonnes of gold bars in Singapore for export
SINGAPORE: A South Korean man was sentenced to 60 months' jail on Wednesday (Oct 1) after receiving more than S$1.55 billion in cash, buying about 28 tonnes of gold bars in Singapore and sending them to South Korea and Japan. Kim Taek Hoon, 64, was …