Read the full judgment text of DCCC 817/2010 on BabelCite. This District Court judgment.
2. Facts admitted by the Defendant disclose that police investigations revealed suspected money laundering transactions through a Hong Kong & Shanghai Banking Corporation account held in the name of the Defendant. The bank account was opened on 11/5/2007. Between 18/5/2007 and 10/3/2008, an aggregate sum of $2,601,292.33 had been transacted through that bank account. Only HK$21.90 was left in the bank account on 10/3/2008. Analysis of the transactions revealed that 35.48% of all deposits and 48.
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